Shares of Kumba Iron Ore Ltd. (OTCMKTS:KIROY – Get Free Report) gapped down before the market opened on Friday. The stock had previously closed at $4.6270, but opened at $4.43. Kumba Iron Ore shares last traded at $4.40, with a volume of 1,012 shares.
Kumba Iron Ore Trading Down 3.3%
The stock has a 50-day moving average price of $4.67 and a 200 day moving average price of $5.94.
Kumba Iron Ore Company Profile
Kumba Iron Ore is a South African mining company and part of the Anglo American group. It explores for, mines, processes and markets iron ore, a key raw material used in steel production. The company operates the Sishen and Kolomela mines in South Africa’s Northern Cape. Its products include iron ore fines and lump, which it supplies to steelmakers in South Africa and international markets. Kumba Iron Ore was established as a separately listed company in 2006 following the restructuring of Kumba Resources.
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