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Kumba Iron Ore (OTCMKTS:KIROY) Stock Passes Above Fifty Day Moving Average - Should You Sell?

Kumba Iron Ore logo with Basic Materials background

Shares of Kumba Iron Ore Limited (OTCMKTS:KIROY - Get Free Report) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $6.86 and traded as high as $7.76. Kumba Iron Ore shares last traded at $7.76, with a volume of 1,234 shares traded.

Kumba Iron Ore Trading Down 4.3 %

The business has a fifty day simple moving average of $6.87 and a two-hundred day simple moving average of $7.91.

Kumba Iron Ore Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, August 29th. Shareholders of record on Friday, August 16th were issued a $0.2528 dividend. The ex-dividend date was Friday, August 16th.

About Kumba Iron Ore

(Get Free Report)

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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