Mineral Resources Limited (OTCMKTS:MALRY – Get Free Report) shares dropped 0.4% on Thursday . The stock traded as low as $37.8725 and last traded at $37.8725. Approximately 575 shares changed hands during mid-day trading, a decline of 82% from the average daily volume of 3,115 shares. The stock had previously closed at $38.03.
Mineral Resources Price Performance
The business’s 50 day moving average price is $38.38 and its 200-day moving average price is $31.22.
About Mineral Resources
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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