Shares of Kumba Iron Ore Ltd. (OTCMKTS:KIROY - Get Free Report) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $6.63 and traded as high as $6.70. Kumba Iron Ore shares last traded at $6.70, with a volume of 5,643 shares.
Kumba Iron Ore Trading Up 0.4%
The company's 50-day moving average price is $6.63 and its two-hundred day moving average price is $6.92.
Kumba Iron Ore Company Profile
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Kumba Iron Ore, trading over the counter under the symbol KIROY, is one of South Africa’s leading iron ore producers. The company operates two primary open-pit mines—Sishen and Kolomela—located in the Northern Cape province. These operations focus on the extraction and processing of high-quality hematite ore, producing a range of lump and fine products that serve as essential feedstock for global steelmakers.
Established in 2001 following a demerger from parent companies, Kumba Iron Ore has grown its production capacity and operational efficiency through sustained investment in mining technology and infrastructure.
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