Exxaro Resources (OTCMKTS:EXXAY) Shares Cross Below 200-Day Moving Average – Here’s What Happened

Exxaro Resources Limited (OTCMKTS:EXXAY – Get Free Report)’s stock price crossed below its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $8.10 and traded as low as $7.91. Exxaro Resources shares last traded at $8.10, with a volume of 1,200 shares changing hands.

Exxaro Resources Stock Performance

The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.06 and a current ratio of 1.27. The business’s 50 day moving average price is $8.10 and its 200-day moving average price is $8.10.

About Exxaro Resources

(Get Free Report)

Exxaro Resources Limited is a diversified South African mining and energy company focused primarily on coal production and renewable energy. The company produces thermal coal for domestic power generation and export markets, as well as metallurgical coal used in industrial applications. Its coal operations include the Grootegeluk mine in Limpopo, one of South Africa’s largest coal mines, and the Leeuwpan mine in Mpumalanga.

Exxaro supplies coal to South African power stations and international customers through established rail and port infrastructure.

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