Thungela Resources Limited (OTCMKTS:TNGRF – Get Free Report)’s stock price dropped 2.4% during mid-day trading on Friday . The company traded as low as $6.20 and last traded at $6.20. Approximately 1,075 shares changed hands during mid-day trading, a decline of 81% from the average daily volume of 5,599 shares. The stock had previously closed at $6.35.
Thungela Resources Stock Down 2.4 %
The stock’s fifty day moving average is $6.96 and its 200-day moving average is $6.85.
About Thungela Resources
Thungela Resources Limited engages in the mining and production of thermal coal in South Africa and Australia. It owns interests in and produces its thermal coal from mining operations, consisting of underground and open cast mines in the Mpumalanga province of South Africa, including including Goedehoop colliery, Greenside colliery, Isibonelo colliery, Khwezela colliery, Zibulo colliery, Mafube colliery, and Rietvlei colliery.
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