Mineral Resources (OTCMKTS:MALRF) Trading Up 3.8% – Still a Buy?

Mineral Resources Limited (OTCMKTS:MALRFGet Free Report) shares rose 3.8% during trading on Monday . The company traded as high as $22.00 and last traded at $22.00. Approximately 125 shares traded hands during mid-day trading, a decline of 93% from the average daily volume of 1,847 shares. The stock had previously closed at $21.20.

Mineral Resources Price Performance

The company has a 50 day moving average price of $21.73 and a 200 day moving average price of $27.14.

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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