Kumba Iron Ore Limited (OTCMKTS:KIROY – Get Free Report)’s stock price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $8.72 and traded as low as $7.67. Kumba Iron Ore shares last traded at $8.25, with a volume of 400 shares changing hands.
Kumba Iron Ore Price Performance
The firm has a fifty day moving average of $8.72 and a 200 day moving average of $9.17.
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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