Kumba Iron Ore Ltd. (OTCMKTS:KIROY - Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $5.52, but opened at $5.85. Kumba Iron Ore shares last traded at $5.85, with a volume of 150 shares.
Analysts Set New Price Targets
Separately, HSBC lowered shares of Kumba Iron Ore to a "hold" rating in a research report on Monday.
View Our Latest Report on KIROY
Kumba Iron Ore Price Performance
The business's fifty day moving average price is $5.65 and its 200-day moving average price is $5.99.
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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