Kumba Iron Ore (OTCMKTS:KIROY) Sets New 12-Month Low – Time to Sell?

Kumba Iron Ore Limited (OTCMKTS:KIROYGet Free Report)’s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as $5.94 and last traded at $5.94, with a volume of 2420 shares. The stock had previously closed at $6.15.

Kumba Iron Ore Trading Down 3.4 %

The company has a 50 day moving average price of $6.57 and a 200 day moving average price of $7.13.

About Kumba Iron Ore

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Kumba Iron Ore Limited, together with its subsidiaries, engages in the exploration, extraction, beneficiation, marketing, sale, and shipping of iron ore for the steel industry primarily in South Africa, China, rest of Asia, Europe, the Middle East, and North Africa. It produces iron ore at Sishen and Kolomela mines in the Northern Cape Province.

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