Mineral Resources Limited (OTCMKTS:MALRF – Get Free Report) shares dropped 7.7% during trading on Friday . The stock traded as low as $38.04 and last traded at $38.04. Approximately 450 shares were traded during trading, an increase of 35% from the average daily volume of 333 shares. The stock had previously closed at $41.20.
Mineral Resources Stock Performance
The business’s fifty day moving average price is $37.24 and its two-hundred day moving average price is $31.59.
Mineral Resources Company Profile
Mineral Resources (OTCMKTS: MALRF) is an Australia-based diversified resources company primarily engaged in iron ore mining, lithium production and mining services. Headquartered in Perth, Western Australia, the company operates integrated mining hubs in the Pilbara region and maintains a suite of downstream infrastructure including crushing, screening, rail haulage and port facilities. Through these operations, Mineral Resources delivers iron ore products to domestic and international steelmakers, serving markets across Asia, Europe and North America.
Founded in the mid-1990s, Mineral Resources has grown from a single iron ore project into a multi-commodity enterprise.
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