Ferrexpo (OTCMKTS:FEEXF) Trading 4.8% Higher – Here’s What Happened
by Doug Wharley · The Cerbat GemShares of Ferrexpo plc (OTCMKTS:FEEXF – Get Free Report) traded up 4.8% on Friday . The stock traded as high as $0.66 and last traded at $0.66. 300 shares changed hands during mid-day trading, a decline of 97% from the average session volume of 11,764 shares. The stock had previously closed at $0.63.
Ferrexpo Stock Performance
The firm’s 50-day simple moving average is $0.84 and its 200-day simple moving average is $0.85.
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.