Exxaro Resources (OTCMKTS:EXXAY) Shares Cross Above 200-Day Moving Average – Time to Sell?

Exxaro Resources Limited (OTCMKTS:EXXAY – Get Free Report) passed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $8.10 and traded as high as $8.10. Exxaro Resources shares last traded at $8.10, with a volume of 1,200 shares.

Exxaro Resources Trading Up 6.0%

The company’s 50 day moving average is $8.10 and its 200 day moving average is $8.10. The company has a quick ratio of 1.06, a current ratio of 1.27 and a debt-to-equity ratio of 0.23.

Exxaro Resources Company Profile

(Get Free Report)

Exxaro Resources Limited is a South African diversified mining and energy company focused primarily on the production of coal. Its coal operations produce thermal and metallurgical coal for domestic power generation, industrial customers and international markets. The company’s portfolio includes the Grootegeluk, Leeuwpan and Matla coal operations in South Africa.

Grootegeluk, located in Limpopo province, is a major integrated coal-mining and processing complex that supplies coal to South Africa’s electricity industry and other customers.

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