Kumba Iron Ore (OTCMKTS:KIROY) Sees Large Volume Increase – Here’s What Happened

Kumba Iron Ore Ltd. (OTCMKTS:KIROYGet Free Report) shares saw unusually-high trading volume on Tuesday . Approximately 18,074 shares were traded during trading, an increase of 64% from the previous session’s volume of 11,010 shares.The stock last traded at $6.5850 and had previously closed at $6.69.

Kumba Iron Ore Stock Down 0.7%

The stock’s 50 day moving average is $6.46 and its two-hundred day moving average is $6.03.

About Kumba Iron Ore

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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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