Kumba Iron Ore Limited (OTCMKTS:KIROY – Get Free Report)’s share price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $8.74 and traded as low as $8.40. Kumba Iron Ore shares last traded at $8.54, with a volume of 829 shares.
Kumba Iron Ore Price Performance
The firm’s 50 day moving average price is $8.74 and its 200-day moving average price is $9.26.
Kumba Iron Ore Company Profile
Kumba Iron Ore Limited, together with its subsidiaries, engages in the exploration, extraction, beneficiation, marketing, sale, and shipping of iron ore for the steel industry primarily in South Africa, China, rest of Asia, Europe, the Middle East, and North Africa. It produces iron ore at Sishen and Kolomela mines in the Northern Cape Province.
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