Kumba Iron Ore Limited (OTCMKTS:KUMBF – Get Free Report) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 9,498 shares, a growth of 72.8% from the September 30th total of 5,498 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.
Kumba Iron Ore Price Performance
Shares of Kumba Iron Ore stock opened at $13.81 on Tuesday. The business has a 50-day moving average price of $15.79 and a 200 day moving average price of $18.84. Kumba Iron Ore has a fifty-two week low of $13.81 and a fifty-two week high of $21.74.
About Kumba Iron Ore
Kumba Iron Ore Limited is a South African iron ore producer and a subsidiary of Anglo American plc. The company mines and processes high-grade iron ore, which is primarily supplied to steelmakers in international markets and supports the production of steel used in construction, manufacturing, transportation and other industries.
Kumba operates the Sishen and Kolomela mines in South Africa’s Northern Cape province. Its activities include mining, ore processing and logistics, with products transported by rail to the Port of Saldanha Bay for export.
Recommended Stories
- Five stocks we like better than Kumba Iron Ore
- AbbVie’s Humira Era Is Fading, But Its New Growth Engines Face Another Test
- GLP-1 Focus or Broader Peptide Exposure: Which ETF Has the Edge?
- Mortgage Rates Froze U.S. Housing, But These 3 Overseas Markets Still Pay Double Digits
- Big Tech Is Spending Billions on AI—These 5 Stocks Are Getting Paid
Receive News & Ratings for Kumba Iron Ore Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kumba Iron Ore and related companies with MarketBeat.com's FREE daily email newsletter.
