Kumba Iron Ore (OTCMKTS:KUMBF – Get Free Report) is expected to be releasing its resultson Tuesday, July 28th. Analysts expect the company to post earnings of $1.06 per share and revenue of $1.9587 billion for the quarter.
Kumba Iron Ore Price Performance
Shares of Kumba Iron Ore stock opened at $19.77 on Tuesday. The stock’s fifty day simple moving average is $19.64 and its 200 day simple moving average is $19.98. Kumba Iron Ore has a 12 month low of $17.56 and a 12 month high of $21.74.
Kumba Iron Ore Company Profile
Kumba Iron Ore (OTCMKTS: KUMBF) is a leading South African iron ore producer, primarily engaged in the mining, beneficiation and marketing of seaborne iron ore. The company is listed on the JSE Limited and trades in the United States on the OTC Markets under the symbol KUMBF. As a subsidiary of Anglo American plc, Kumba Iron Ore focuses on extracting premium grades of hematite ore, which serve as key feedstock for global steelmakers.
The company’s core operations are concentrated in the Northern Cape Province of South Africa, where it operates two flagship open-pit mines: Sishen and Kolomela.
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