African Rainbow Minerals Limited (OTCMKTS:AFBOF – Get Free Report) shot up 8.7% during trading on Thursday . The stock traded as high as $9.36 and last traded at $9.36. 400 shares were traded during trading, a decline of 48% from the average session volume of 767 shares. The stock had previously closed at $8.62.
African Rainbow Minerals Stock Performance
The firm has a 50 day moving average of $8.13 and a 200 day moving average of $8.62.
African Rainbow Minerals Company Profile
African Rainbow Minerals Limited, through its subsidiaries, operates as a diversified mining and minerals company in South Africa and Malaysia. It explores for platinum group metals, nickel, coal, iron ore, manganese ore, and chrome ore, as well as gold. African Rainbow Minerals Limited was founded in 1933 and is based in Sandton, South Africa.
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