Mineral Resources (OTCMKTS:MALRF) Stock Price Up 12.9% – Should You Buy?

Mineral Resources Limited (OTCMKTS:MALRFGet Free Report)’s stock price was up 12.9% during trading on Wednesday . The stock traded as high as $39.5280 and last traded at $39.5280. Approximately 1,000 shares were traded during mid-day trading, an increase of 59% from the average daily volume of 628 shares. The stock had previously closed at $35.00.

Mineral Resources Stock Performance

The stock’s 50 day moving average price is $32.42 and its 200-day moving average price is $26.19.

Mineral Resources Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Mineral Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mineral Resources and related companies with MarketBeat.com's FREE daily email newsletter.