Shares of Mineral Resources Limited (OTCMKTS:MALRF – Get Free Report) traded down 7.7% during mid-day trading on Friday . The company traded as low as $38.04 and last traded at $38.04. 450 shares changed hands during trading, an increase of 35% from the average session volume of 333 shares. The stock had previously closed at $41.20.
Mineral Resources Trading Down 7.7%
The stock’s 50-day moving average price is $37.24 and its 200 day moving average price is $31.59.
Mineral Resources Company Profile
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.
Further Reading
- Five stocks we like better than Mineral Resources
- The gold chart Wall Street is terrified of…
- Elon Musk already made me a “wealthy man”
- Silver paying 20% dividend. Plus 68% share gains
- 1,500 Banks Just Handed the Fed Your Bank Account
- Trump Planning to Use Public Law 63-43: Prepare Now
Receive News & Ratings for Mineral Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mineral Resources and related companies with MarketBeat.com's FREE daily email newsletter.
