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Kumba Iron Ore (OTCMKTS:KIROY) Shares Up 4.9% - Here's What Happened

Kumba Iron Ore logo with Basic Materials background

Kumba Iron Ore Ltd. (OTCMKTS:KIROY - Get Free Report) shares traded up 4.9% on Wednesday . The stock traded as high as $5.61 and last traded at $5.61. 487 shares changed hands during mid-day trading, a decline of 92% from the average session volume of 6,063 shares. The stock had previously closed at $5.35.

Kumba Iron Ore Price Performance

The company's 50-day moving average price is $5.61 and its two-hundred day moving average price is $6.02.

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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