Kumba Iron Ore (OTCMKTS:KIROY) Shares Up 1% – Should You Buy?

Kumba Iron Ore Limited (OTCMKTS:KIROYGet Free Report) shares shot up 1% during trading on Wednesday . The stock traded as high as $6.74 and last traded at $6.71. 5,554 shares were traded during mid-day trading, a decline of 22% from the average session volume of 7,142 shares. The stock had previously closed at $6.64.

Kumba Iron Ore Stock Up 0.3 %

The firm’s fifty day moving average is $6.61 and its 200 day moving average is $7.20.

About Kumba Iron Ore

(Get Free Report)

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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