Kumba Iron Ore (OTCMKTS:KIROY) Hits New 52-Week Low – Here’s What Happened

Kumba Iron Ore Limited (OTCMKTS:KIROYGet Free Report)’s stock price hit a new 52-week low on Friday . The stock traded as low as $4.82 and last traded at $5.10, with a volume of 7879 shares trading hands. The stock had previously closed at $5.77.

Kumba Iron Ore Stock Performance

The stock’s fifty day simple moving average is $6.57 and its 200-day simple moving average is $6.54.

Kumba Iron Ore Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 27th. Stockholders of record on Friday, March 14th were paid a $0.3586 dividend. The ex-dividend date of this dividend was Friday, March 14th. This is an increase from Kumba Iron Ore’s previous dividend of $0.25.

Kumba Iron Ore Company Profile

(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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