Kumba Iron Ore (OTCMKTS:KIROY) Reaches New 12-Month Low – Here’s Why

Kumba Iron Ore Limited (OTCMKTS:KIROYGet Free Report) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $5.61 and last traded at $5.85, with a volume of 7968 shares. The stock had previously closed at $5.91.

Kumba Iron Ore Trading Down 0.9 %

The company’s 50 day moving average price is $6.46 and its 200 day moving average price is $7.06.

Kumba Iron Ore Company Profile

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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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