Exxaro Resources (OTCMKTS:EXXAY) Shares Pass Above 200 Day Moving Average – Here’s Why

Shares of Exxaro Resources Limited (OTCMKTS:EXXAYGet Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $8.10 and traded as high as $8.10. Exxaro Resources shares last traded at $8.10, with a volume of 1,200 shares changing hands.

Exxaro Resources Price Performance

The company has a current ratio of 1.27, a quick ratio of 1.06 and a debt-to-equity ratio of 0.23. The business’s 50-day simple moving average is $8.10 and its two-hundred day simple moving average is $8.10.

Exxaro Resources Company Profile

(Get Free Report)

Exxaro Resources Limited engages in coal, iron ore investment, pigment manufacturing, renewable energy, and residual base metal businesses in South Africa, Europe, the United States, and Australia. The company operates through Coal; Ferrous; Energy; and Other segments. It produces thermal coal, metallurgical coal, and semi-soft coking coal products primarily in the Waterberg and Mpumalanga regions; offers gas-atomised ferrosilicon for use in separation plants, as well as iron ore; and operates two wind farms.

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