Mineral Resources Limited (OTCMKTS:MALRF – Get Free Report)’s stock price dropped 7.7% during trading on Thursday . The company traded as low as $36.49 and last traded at $36.49. Approximately 367 shares traded hands during trading, a decline of 46% from the average daily volume of 683 shares. The stock had previously closed at $39.5280.
Mineral Resources Stock Down 7.7%
The company’s fifty day simple moving average is $35.35 and its 200-day simple moving average is $28.68.
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.
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