Kumba Iron Ore Limited (OTCMKTS:KIROY – Get Free Report) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $6.88 and traded as high as $7.30. Kumba Iron Ore shares last traded at $7.17, with a volume of 2,728 shares.
Kumba Iron Ore Stock Down 1.0 %
The stock’s fifty day simple moving average is $6.88 and its 200-day simple moving average is $7.88.
Kumba Iron Ore Cuts Dividend
The firm also recently announced a dividend, which was paid on Thursday, August 29th. Investors of record on Friday, August 16th were given a dividend of $0.2528 per share. The ex-dividend date was Friday, August 16th.
About Kumba Iron Ore
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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