Shares of Ferrexpo plc (OTCMKTS:FEEXF – Get Free Report) traded up 12.1% during trading on Thursday . The stock traded as high as $1.02 and last traded at $1.02. 9,000 shares traded hands during trading, an increase of 16% from the average session volume of 7,767 shares. The stock had previously closed at $0.91.
Ferrexpo Price Performance
The company has a 50-day moving average of $1.04 and a 200 day moving average of $0.87.
Ferrexpo Company Profile
Ferrexpo plc is a Switzerland‐headquartered iron ore pellet producer with primary mining operations located in the Poltava region of Ukraine. The company specializes in the extraction, processing and sale of iron ore pellets, which are supplied to steel producers worldwide. Ferrexpo’s integrated operations include open-pit iron ore mines, beneficiation plants and pelletizing facilities designed to deliver high‐quality iron ore products for use in blast furnaces and direct reduction plants.
The company’s core products are magnetite‐based iron ore pellets, renowned for their uniform size, high iron content and low impurity levels.
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