Exxaro Resources Limited (OTCMKTS:EXXAF – Get Free Report) was the recipient of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 360 shares, a decline of 32.2% from the August 15th total of 531 shares. Based on an average daily trading volume, of 24 shares, the short-interest ratio is currently 15.0 days.
Exxaro Resources Stock Performance
Shares of EXXAF stock opened at $12.50 on Friday. Exxaro Resources has a 1-year low of $9.87 and a 1-year high of $13.39. The business has a 50-day moving average of $12.36 and a 200 day moving average of $12.64.
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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