Exxaro Resources Limited (OTCMKTS:EXXAF – Get Free Report) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 994 shares, a decrease of 68.9% from the June 30th total of 3,198 shares. Based on an average daily trading volume, of 37 shares, the days-to-cover ratio is presently 26.9 days.
Exxaro Resources Price Performance
Shares of OTCMKTS EXXAF opened at $12.45 on Monday. The business has a 50-day moving average of $12.76 and a two-hundred day moving average of $12.49. Exxaro Resources has a 1 year low of $8.86 and a 1 year high of $13.39.
Exxaro Resources Company Profile
Exxaro Resources is a South African diversified resources group primarily engaged in the mining, processing and marketing of coal. The company’s portfolio includes thermal, metallurgical and anthracite grades, which are supplied to domestic power utilities, industrial customers and export markets. Exxaro also maintains activity in renewable energy through strategic partnerships, underlining a broader commitment to sustainable energy solutions alongside its core mining operations.
Founded in 2006 through the merger of Kumba Resources’ coal division and Eyesizwe Coal, Exxaro has grown to become one of South Africa’s largest coal producers.
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