Anglo American plc (OTCMKTS:AAUKF – Get Free Report)’s share price passed below its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $54.62 and traded as low as $48.62. Anglo American shares last traded at $48.62, with a volume of 405 shares changing hands.
Anglo American Stock Down 7.9%
The stock’s 50 day moving average price is $54.62 and its two-hundred day moving average price is $51.98.
About Anglo American
Anglo American plc is a global mining company headquartered in London, United Kingdom. Its principal activities include the exploration, development and production of copper, iron ore, steelmaking coal and crop nutrients. The company’s portfolio has also historically included platinum-group metals and diamonds through its ownership of Anglo American Platinum and De Beers.
Anglo American’s copper operations include mines and projects in Chile and Peru, while its iron ore business includes Kumba Iron Ore in South Africa and Minas-Rio in Brazil.
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