African Rainbow Minerals Limited (OTCMKTS:AFBOF – Get Free Report)’s share price fell 10.4% during mid-day trading on Monday. The stock traded as low as $8.80 and last traded at $8.80. 1,074 shares were traded during trading, an increase of 130% from the average daily volume of 467 shares. The stock had previously closed at $9.82.
African Rainbow Minerals Price Performance
The company has a 50 day moving average of $9.51 and a 200 day moving average of $12.04.
About African Rainbow Minerals
African Rainbow Minerals Limited (OTCMKTS:AFBOF) is a diversified South African mining company that explores for, develops, and produces a range of mineral commodities. Its portfolio has included iron ore, manganese, chrome, copper, nickel, platinum-group metals, and coal, serving steelmaking, energy, manufacturing, and other industrial markets.
The company conducts mining activities primarily in South Africa and has also held interests in international operations, including copper assets in Zambia.
Further Reading
- Five stocks we like better than African Rainbow Minerals
- Why ExxonMobil and Chevron Reminded Investors to Keep it Simple
- Amazon Has Erased Its Earnings Sell-Off, But Is the Biggest Opportunity Still Ahead?
- onsemi’s AI Sales Surge 175%: Is a Stock Recovery Next?
- Energy Transfer’s Earnings Miss May Be Hiding Its Strongest Advantage
Receive News & Ratings for African Rainbow Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for African Rainbow Minerals and related companies with MarketBeat.com's FREE daily email newsletter.
