Shares of Mineral Resources Limited (OTCMKTS:MALRF – Get Free Report) traded down 12% on Friday . The company traded as low as $44.24 and last traded at $44.24. Approximately 150 shares traded hands during trading, a decline of 69% from the average session volume of 482 shares. The stock had previously closed at $50.25.
Mineral Resources Stock Down 12.0%
The business has a 50 day moving average of $46.99 and a two-hundred day moving average of $42.29.
About Mineral Resources
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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