Kumba Iron Ore (OTCMKTS:KIROY) Hits New 1-Year Low – Here’s Why

Kumba Iron Ore Limited (OTCMKTS:KIROYGet Free Report) reached a new 52-week low during trading on Wednesday . The stock traded as low as $5.94 and last traded at $5.94, with a volume of 2420 shares changing hands. The stock had previously closed at $6.15.

Kumba Iron Ore Trading Up 0.6 %

The business’s 50-day simple moving average is $6.52 and its two-hundred day simple moving average is $7.11.

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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