Thungela Resources Limited (OTCMKTS:TNGRF – Get Free Report) shares traded up 6% during mid-day trading on Friday . The company traded as high as $7.05 and last traded at $7.05. 530 shares were traded during trading, a decline of 84% from the average session volume of 3,247 shares. The stock had previously closed at $6.65.
Thungela Resources Trading Up 6.0 %
The company has a fifty day moving average price of $7.11 and a 200 day moving average price of $6.72.
Thungela Resources Company Profile
Thungela Resources Limited engages in the mining and production of thermal coal in South Africa and Australia. It owns interests in and produces its thermal coal from mining operations, consisting of underground and open cast mines in the Mpumalanga province of South Africa, including including Goedehoop colliery, Greenside colliery, Isibonelo colliery, Khwezela colliery, Zibulo colliery, Mafube colliery, and Rietvlei colliery.
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