Kumba Iron Ore Limited (OTCMKTS:KIROY - Get Free Report)'s share price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $6.63 and traded as low as $6.36. Kumba Iron Ore shares last traded at $6.41, with a volume of 1,029 shares traded.
Kumba Iron Ore Stock Performance
The business's 50 day simple moving average is $6.62 and its 200 day simple moving average is $6.56.
Kumba Iron Ore Increases Dividend
The company also recently declared a dividend, which was paid on Thursday, March 27th. Stockholders of record on Friday, March 14th were given a dividend of $0.3586 per share. The ex-dividend date of this dividend was Friday, March 14th. This is a positive change from Kumba Iron Ore's previous dividend of $0.25.
Kumba Iron Ore Company Profile
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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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