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Kumba Iron Ore (OTCMKTS:KIROY) Stock Passes Below 50 Day Moving Average - Here's What Happened

Kumba Iron Ore logo with Basic Materials background

Shares of Kumba Iron Ore Limited (OTCMKTS:KIROY - Get Free Report) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $5.64 and traded as low as $5.45. Kumba Iron Ore shares last traded at $5.45, with a volume of 664 shares.

Kumba Iron Ore Stock Performance

The company has a fifty day simple moving average of $5.58 and a two-hundred day simple moving average of $6.12.

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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