St Barbara Limited (OTCMKTS:STBMY – Get Free Report)’s stock price dropped 0.4% during mid-day trading on Wednesday. The company traded as low as $0.5536 and last traded at $0.5904. 30,400 shares were traded during mid-day trading, an increase of 19% from the average session volume of 25,459 shares. The stock had previously closed at $0.5928.
St Barbara Price Performance
The firm’s 50-day simple moving average is $0.59 and its 200 day simple moving average is $0.59.
St Barbara Company Profile
St Barbara Limited is an Australian gold mining company focused on the exploration, development and operation of gold assets. The company’s principal product is doré gold, which is refined and sold into global precious-metals markets.
St Barbara’s portfolio has historically included the Gwalia underground mine and associated operations in Western Australia, the Simberi open-pit operation in Papua New Guinea, and the Atlantic Operations in Nova Scotia, Canada. The company has since undertaken portfolio changes, including the transfer of its Western Australian assets to Genesis Minerals and the divestment of its Canadian operations, leaving Simberi as its primary operating asset.
The Simberi operation is located on Simberi Island in the New Ireland Province of Papua New Guinea.
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