Mineral Resources (OTCMKTS:MALRF) Shares Up 2.2% – Time to Buy?

Mineral Resources Limited (OTCMKTS:MALRFGet Free Report)’s share price rose 2.2% on Thursday . The stock traded as high as $30.52 and last traded at $30.42. Approximately 1,700 shares traded hands during mid-day trading, an increase of 243% from the average daily volume of 496 shares. The stock had previously closed at $29.76.

Mineral Resources Stock Performance

The company’s 50-day moving average price is $26.45 and its 200-day moving average price is $19.56.

About Mineral Resources

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Mineral Resources Limited, together with subsidiaries, operates as a mining services company in Australia, Asia, and internationally. It operates through five segments: Mining Services, Iron Ore, Lithium, Energy, and Other Commodities. The company offers contract crushing, screening, and processing; specialized mine services, including materials handling, plant and equipment hire and maintenance, tails recovery, and aggregate crushing; and design, engineering, and construction services for resources sector.

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