Kumba Iron Ore Limited (OTCMKTS:KIROY - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Friday . The company traded as low as $4.82 and last traded at $5.10, with a volume of 7879 shares trading hands. The stock had previously closed at $5.77.
Kumba Iron Ore Stock Up 15.5 %
The stock's 50 day moving average is $6.38 and its two-hundred day moving average is $6.48.
Kumba Iron Ore Increases Dividend
The firm also recently declared a dividend, which was paid on Thursday, March 27th. Stockholders of record on Friday, March 14th were issued a dividend of $0.3586 per share. The ex-dividend date was Friday, March 14th. This is a boost from Kumba Iron Ore's previous dividend of $0.25.
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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