Kumba Iron Ore (OTCMKTS:KIROY) Sees Strong Trading Volume – Here’s What Happened

Kumba Iron Ore Ltd. (OTCMKTS:KIROYGet Free Report) saw an uptick in trading volume on Tuesday . 8,590 shares were traded during trading, an increase of 11% from the previous session’s volume of 7,745 shares.The stock last traded at $7.42 and had previously closed at $7.4105.

Kumba Iron Ore Trading Down 0.4%

The business’s 50 day moving average price is $6.83 and its 200-day moving average price is $6.31.

Kumba Iron Ore Company Profile

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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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