Exxaro Resources (OTCMKTS:EXXAF) Trading Down 3.3% – Here’s What Happened

Exxaro Resources Limited (OTCMKTS:EXXAF – Get Free Report) shares dropped 3.3% during trading on Monday . The stock traded as low as $12.90 and last traded at $12.90. Approximately 125 shares changed hands during mid-day trading, a decline of 90% from the average session volume of 1,257 shares. The stock had previously closed at $13.34.

Exxaro Resources Price Performance

The company has a 50 day simple moving average of $13.05 and a 200 day simple moving average of $12.16.

About Exxaro Resources

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Exxaro Resources is a South African diversified resources group primarily engaged in the mining, processing and marketing of coal. The company’s portfolio includes thermal, metallurgical and anthracite grades, which are supplied to domestic power utilities, industrial customers and export markets. Exxaro also maintains activity in renewable energy through strategic partnerships, underlining a broader commitment to sustainable energy solutions alongside its core mining operations.

Founded in 2006 through the merger of Kumba Resources’ coal division and Eyesizwe Coal, Exxaro has grown to become one of South Africa’s largest coal producers.

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