Kumba Iron Ore Ltd. (OTCMKTS:KIROY - Get Free Report)'s share price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $5.66 and traded as low as $5.66. Kumba Iron Ore shares last traded at $5.66, with a volume of 1,228 shares changing hands.
Analyst Upgrades and Downgrades
Separately, HSBC lowered shares of Kumba Iron Ore to a "hold" rating in a research note on Monday, July 28th.
Check Out Our Latest Stock Analysis on KIROY
Kumba Iron Ore Stock Up 2.7%
The business's 50 day moving average price is $5.67 and its 200-day moving average price is $5.95.
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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