Kumba Iron Ore (KUMBF) Projected to Release Quarterly Earnings on Tuesday

Kumba Iron Ore (OTCMKTS:KUMBFGet Free Report) is expected to be releasing its resultson Tuesday, July 28th. Analysts expect Kumba Iron Ore to post earnings of $1.06 per share and revenue of $1.9587 billion for the quarter.

Kumba Iron Ore Stock Performance

Shares of OTCMKTS:KUMBF opened at $19.77 on Tuesday. Kumba Iron Ore has a twelve month low of $17.56 and a twelve month high of $21.74. The business has a fifty day moving average of $19.64 and a 200-day moving average of $19.98.

About Kumba Iron Ore

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Kumba Iron Ore (OTCMKTS: KUMBF) is a leading South African iron ore producer, primarily engaged in the mining, beneficiation and marketing of seaborne iron ore. The company is listed on the JSE Limited and trades in the United States on the OTC Markets under the symbol KUMBF. As a subsidiary of Anglo American plc, Kumba Iron Ore focuses on extracting premium grades of hematite ore, which serve as key feedstock for global steelmakers.

The company’s core operations are concentrated in the Northern Cape Province of South Africa, where it operates two flagship open-pit mines: Sishen and Kolomela.

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