Exxaro Resources Limited (OTCMKTS:EXXAF – Get Free Report) was the recipient of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 994 shares, a drop of 68.9% from the June 30th total of 3,198 shares. Based on an average daily trading volume, of 37 shares, the short-interest ratio is currently 26.9 days.
Exxaro Resources Stock Performance
Exxaro Resources stock opened at $12.45 on Friday. Exxaro Resources has a one year low of $8.86 and a one year high of $13.39. The stock has a fifty day moving average of $12.76 and a 200 day moving average of $12.48.
About Exxaro Resources
Exxaro Resources is a South African diversified resources group primarily engaged in the mining, processing and marketing of coal. The company’s portfolio includes thermal, metallurgical and anthracite grades, which are supplied to domestic power utilities, industrial customers and export markets. Exxaro also maintains activity in renewable energy through strategic partnerships, underlining a broader commitment to sustainable energy solutions alongside its core mining operations.
Founded in 2006 through the merger of Kumba Resources’ coal division and Eyesizwe Coal, Exxaro has grown to become one of South Africa’s largest coal producers.
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