Ferrexpo plc (OTCMKTS:FEEXF – Get Free Report) rose 12.1% during trading on Thursday . The company traded as high as $1.02 and last traded at $1.02. Approximately 9,000 shares were traded during trading, an increase of 16% from the average daily volume of 7,767 shares. The stock had previously closed at $0.91.
Ferrexpo Trading Up 12.1%
The company has a fifty day moving average price of $1.04 and a two-hundred day moving average price of $0.86.
About Ferrexpo
Ferrexpo plc is a Switzerland‐headquartered iron ore pellet producer with primary mining operations located in the Poltava region of Ukraine. The company specializes in the extraction, processing and sale of iron ore pellets, which are supplied to steel producers worldwide. Ferrexpo’s integrated operations include open-pit iron ore mines, beneficiation plants and pelletizing facilities designed to deliver high‐quality iron ore products for use in blast furnaces and direct reduction plants.
The company’s core products are magnetite‐based iron ore pellets, renowned for their uniform size, high iron content and low impurity levels.
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