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Kumba Iron Ore (OTCMKTS:KIROY) Share Price Passes Below 200-Day Moving Average - Time to Sell?

Kumba Iron Ore logo with Basic Materials background

Kumba Iron Ore Limited (OTCMKTS:KIROY - Get Free Report) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $6.35 and traded as low as $5.46. Kumba Iron Ore shares last traded at $5.46, with a volume of 15,420 shares trading hands.

Kumba Iron Ore Stock Performance

The business has a 50 day simple moving average of $6.07 and a 200-day simple moving average of $6.30.

Kumba Iron Ore Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, March 27th. Shareholders of record on Friday, March 14th were paid a dividend of $0.3586 per share. The ex-dividend date of this dividend was Friday, March 14th. This is an increase from Kumba Iron Ore's previous dividend of $0.25.

Kumba Iron Ore Company Profile

(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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