Kumba Iron Ore Ltd. (OTCMKTS:KIROY – Get Free Report) reached a new 52-week high on Tuesday . The stock traded as high as $7.12 and last traded at $7.12, with a volume of 6400 shares changing hands. The stock had previously closed at $7.04.
Kumba Iron Ore Stock Performance
The company has a 50-day moving average of $6.65 and a 200 day moving average of $6.17.
Kumba Iron Ore Company Profile
Kumba Iron Ore, trading over the counter under the symbol KIROY, is one of South Africa’s leading iron ore producers. The company operates two primary open-pit mines—Sishen and Kolomela—located in the Northern Cape province. These operations focus on the extraction and processing of high-quality hematite ore, producing a range of lump and fine products that serve as essential feedstock for global steelmakers.
Established in 2001 following a demerger from parent companies, Kumba Iron Ore has grown its production capacity and operational efficiency through sustained investment in mining technology and infrastructure.
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