Exxaro Resources (OTCMKTS:EXXAF) Stock Price Down 8.7% – Should You Sell?

Shares of Exxaro Resources Limited (OTCMKTS:EXXAFGet Free Report) dropped 8.7% on Thursday . The stock traded as low as $7.65 and last traded at $7.65. Approximately 700 shares changed hands during mid-day trading, an increase of 69% from the average daily volume of 414 shares. The stock had previously closed at $8.38.

Exxaro Resources Price Performance

The business’s 50 day moving average is $9.06 and its two-hundred day moving average is $9.17.

Exxaro Resources Company Profile

(Get Free Report)

Exxaro Resources Limited engages in coal, iron ore investment, pigment manufacturing, and renewable energy businesses in South Africa, Europe, Australia, and Asia. The company produces thermal coal, metallurgical coal, and semi-soft coking coal products primarily in the Waterberg and Mpumalanga regions; offers gas-atomised ferrosilicon for use in separation plants, as well as iron ore; and operates two wind farms.

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