Kumba Iron Ore (OTCMKTS:KIROY) Reaches New 1-Year Low – Should You Sell?

Kumba Iron Ore Limited (OTCMKTS:KIROYGet Free Report)’s stock price reached a new 52-week low during trading on Tuesday . The stock traded as low as $5.61 and last traded at $5.85, with a volume of 7968 shares traded. The stock had previously closed at $5.91.

Kumba Iron Ore Stock Up 5.8 %

The firm has a 50 day moving average price of $6.44 and a 200-day moving average price of $7.04.

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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