Mineral Resources (OTCMKTS:MALRF) Trading 7.4% Higher – Time to Buy?

Shares of Mineral Resources Limited (OTCMKTS:MALRFGet Free Report) rose 7.4% during trading on Tuesday . The stock traded as high as $25.34 and last traded at $25.34. Approximately 676 shares traded hands during mid-day trading, a decline of 69% from the average daily volume of 2,180 shares. The stock had previously closed at $23.60.

Mineral Resources Price Performance

The business has a 50 day moving average price of $26.65 and a two-hundred day moving average price of $35.16.

Mineral Resources Company Profile

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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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