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Kumba Iron Ore (OTCMKTS:KIROY) Shares Gap Down - Time to Sell?

Written by MarketBeat
Updated September 6, 2025
Kumba Iron Ore logo with Basic Materials background

Key Points

  • Kumba Iron Ore shares experienced a significant decline, opening at $5.88 after closing at $6.25, reflecting a downward trend in the market.
  • HSBC downgraded the stock to a "hold" rating, which aligns with the current average rating of "Hold" from analysts.
  • The company announced a dividend of $0.2254, set to yield an impressive 859.0%, with the ex-dividend date on August 22nd.
  • Interested in Kumba Iron Ore? Here are five stocks we like better.

Kumba Iron Ore Ltd. (OTCMKTS:KIROY - Get Free Report) shares gapped down prior to trading on Tuesday . The stock had previously closed at $6.25, but opened at $5.88. Kumba Iron Ore shares last traded at $5.86, with a volume of 734 shares changing hands.

Analysts Set New Price Targets

Separately, HSBC lowered shares of Kumba Iron Ore to a "hold" rating in a research report on Monday, July 28th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold".

Check Out Our Latest Research Report on KIROY

Kumba Iron Ore Stock Down 0.2%

The firm's 50-day moving average price is $5.83 and its 200 day moving average price is $5.85.

Kumba Iron Ore Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, September 4th. Shareholders of record on Monday, August 25th were paid a dividend of $0.2254 per share. The ex-dividend date of this dividend was Friday, August 22nd. This represents a yield of 859.0%.

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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