Exxaro Resources Limited (OTCMKTS:EXXAF) Stock Short Interest Report for October

Exxaro Resources Limited (OTCMKTS:EXXAF – Get Free Report) was the recipient of a large drop in short interest in October. As of October 15th, there was short interest totaling 236 shares, a drop of 93.2% from the September 30th total of 3,460 shares. Based on an average trading volume of 455 shares, the short-interest ratio is currently 0.5 days.

Exxaro Resources Price Performance

Shares of Exxaro Resources stock remained flat at $11.00 on Monday. The company had a trading volume of 8,000 shares, compared to its average volume of 1,471. The firm’s 50 day moving average price is $11.52 and its two-hundred day moving average price is $12.33. Exxaro Resources has a 52 week low of $9.87 and a 52 week high of $13.39.

Exxaro Resources Company Profile

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Exxaro Resources Limited is a South African diversified mining and resources company. Its principal business is the mining and processing of thermal and metallurgical coal, which it supplies to domestic power-generation and industrial customers as well as export markets. The company’s coal operations include the Grootegeluk mine in Limpopo and the Leeuwpan mine in Mpumalanga, along with other interests in South African mining assets.

Exxaro also has exposure to mineral sands through its investment in Tronox Holdings, a producer of titanium dioxide pigment and related mineral-sands products.

Further Reading

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