Mineral Resources (OTCMKTS:MALRY) Stock Price Down 0.6% – Should You Sell?

Shares of Mineral Resources Limited (OTCMKTS:MALRYGet Free Report) traded down 0.6% on Wednesday . The stock traded as low as $44.28 and last traded at $44.35. 4,720 shares were traded during trading, an increase of 168% from the average session volume of 1,758 shares. The stock had previously closed at $44.62.

Mineral Resources Price Performance

The stock has a 50-day simple moving average of $36.49 and a 200-day simple moving average of $29.19.

Mineral Resources Company Profile

(Get Free Report)

Mineral Resources (OTCMKTS:MALRY) is an Australian-based mining and materials company headquartered in Perth, Western Australia. Founded in 1992, the firm has grown from its origins as a small iron ore explorer into a diversified resources business. It is publicly traded on the Australian Securities Exchange (ASX) under the ticker MRL and is available to U.S. investors via its OTCMKTS listing.

The company’s core activities encompass the extraction and processing of iron ore, spodumene lithium concentrate, and related mineral products.

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