Kumba Iron Ore Limited (OTCMKTS:KIROY – Get Free Report)’s share price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $6.85 and traded as high as $7.25. Kumba Iron Ore shares last traded at $7.14, with a volume of 9,373 shares trading hands.
Kumba Iron Ore Stock Performance
The firm’s fifty day moving average price is $6.84 and its 200 day moving average price is $7.93.
Kumba Iron Ore Cuts Dividend
The company also recently declared a dividend, which was paid on Thursday, August 29th. Stockholders of record on Friday, August 16th were paid 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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