Kumba Iron Ore Limited (OTCMKTS:KUMBF – Get Free Report) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 9,498 shares, a growth of 72.8% from the September 30th total of 5,498 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.
Kumba Iron Ore Price Performance
Kumba Iron Ore stock opened at $13.81 on Wednesday. Kumba Iron Ore has a 1-year low of $13.81 and a 1-year high of $21.74. The company has a fifty day simple moving average of $15.68 and a 200 day simple moving average of $18.80.
Kumba Iron Ore Company Profile
Kumba Iron Ore Limited is a South African iron ore producer and a subsidiary of Anglo American plc. The company mines and processes high-grade iron ore, which is primarily supplied to steelmakers in international markets and supports the production of steel used in construction, manufacturing, transportation and other industries.
Kumba operates the Sishen and Kolomela mines in South Africa’s Northern Cape province. Its activities include mining, ore processing and logistics, with products transported by rail to the Port of Saldanha Bay for export.
Further Reading
- Five stocks we like better than Kumba Iron Ore
- Marriott’s Earnings Beat Shows Why It’s More Than a Bet on Travel Demand
- Franklin Templeton’s New ETFs Turn Stock Dividends Into Bitcoin—What’s the Catch?
- Apple’s Earnings Beat Comes With a Catch for Investors Heading Into the Holidays
- Palantir’s $2.3 Billion Quarter Puts Its Premium Valuation to the Test
Receive News & Ratings for Kumba Iron Ore Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kumba Iron Ore and related companies with MarketBeat.com's FREE daily email newsletter.
