Exxaro Resources Limited (OTCMKTS:EXXAF) Short Interest Down 32.2% in August

Exxaro Resources Limited (OTCMKTS:EXXAF – Get Free Report) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 360 shares, a drop of 32.2% from the August 15th total of 531 shares. Based on an average trading volume of 24 shares, the short-interest ratio is currently 15.0 days.

Exxaro Resources Price Performance

Shares of EXXAF stock opened at $12.50 on Thursday. Exxaro Resources has a 1 year low of $9.87 and a 1 year high of $13.39. The firm’s fifty day simple moving average is $12.36 and its 200 day simple moving average is $12.63.

Exxaro Resources Company Profile

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Exxaro Resources is a South African diversified resources group primarily engaged in the mining, processing and marketing of coal. The company’s portfolio includes thermal, metallurgical and anthracite grades, which are supplied to domestic power utilities, industrial customers and export markets. Exxaro also maintains activity in renewable energy through strategic partnerships, underlining a broader commitment to sustainable energy solutions alongside its core mining operations.

Founded in 2006 through the merger of Kumba Resources’ coal division and Eyesizwe Coal, Exxaro has grown to become one of South Africa’s largest coal producers.

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