Mineral Resources (OTCMKTS:MALRF) Trading Down 2.8% – Time to Sell?

Mineral Resources Limited (OTCMKTS:MALRFGet Free Report) traded down 2.8% during trading on Wednesday . The stock traded as low as $15.00 and last traded at $15.00. 523 shares were traded during trading, a decline of 12% from the average session volume of 592 shares. The stock had previously closed at $15.44.

Mineral Resources Trading Down 2.8 %

The company’s 50-day simple moving average is $17.28 and its 200-day simple moving average is $21.70.

About Mineral Resources

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Mineral Resources Limited, together with subsidiaries, operates as a mining services company in Australia, Asia, and internationally. It operates through five segments: Mining Services, Iron Ore, Lithium, Energy, and Other Commodities. The company offers contract crushing, screening, and processing; specialized mine services, including materials handling, plant and equipment hire and maintenance, tails recovery, and aggregate crushing; and design, engineering, and construction services for resources sector.

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