Mineral Resources Limited (OTCMKTS:MALRF – Get Free Report) shares rose 20.3% during mid-day trading on Monday . The company traded as high as $32.55 and last traded at $32.55. Approximately 6,000 shares changed hands during trading, an increase of 1,047% from the average daily volume of 523 shares. The stock had previously closed at $27.05.
Mineral Resources Stock Performance
The firm’s 50 day simple moving average is $28.43 and its 200 day simple moving average is $37.63.
Mineral Resources Company Profile
Mineral Resources Limited, together with subsidiaries, operates as a mining services company in Australia, Asia, and internationally. It operates through five segments: Mining Services, Iron Ore, Lithium, Energy, and Other Commodities. The company offers contract crushing, screening, and processing; specialized mine services, including materials handling, plant and equipment hire and maintenance, tails recovery, and aggregate crushing; and design, engineering, and construction services for resources sector.
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