Shares of Kumba Iron Ore Ltd. (OTCMKTS:KIROY – Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 51,328 shares traded hands during trading, an increase of 616% from the previous session’s volume of 7,171 shares.The stock last traded at $7.9650 and had previously closed at $7.8350.
Kumba Iron Ore Price Performance
The company has a fifty day simple moving average of $7.04 and a two-hundred day simple moving average of $6.45.
Kumba Iron Ore Company Profile
Kumba Iron Ore, trading over the counter under the symbol KIROY, is one of South Africa’s leading iron ore producers. The company operates two primary open-pit mines—Sishen and Kolomela—located in the Northern Cape province. These operations focus on the extraction and processing of high-quality hematite ore, producing a range of lump and fine products that serve as essential feedstock for global steelmakers.
Established in 2001 following a demerger from parent companies, Kumba Iron Ore has grown its production capacity and operational efficiency through sustained investment in mining technology and infrastructure.
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