African Rainbow Minerals (OTCMKTS:AFBOF) Trading Down 16.6% – Should You Sell?

African Rainbow Minerals Limited (OTCMKTS:AFBOFGet Free Report) was down 16.6% during trading on Tuesday . The company traded as low as $8.15 and last traded at $8.15. Approximately 100 shares traded hands during trading, a decline of 81% from the average daily volume of 538 shares. The stock had previously closed at $9.78.

African Rainbow Minerals Price Performance

The business’s 50 day moving average is $9.93 and its two-hundred day moving average is $11.27.

African Rainbow Minerals Company Profile

(Get Free Report)

African Rainbow Minerals Limited, through its subsidiaries, operates as a diversified mining and minerals company in South Africa and Malaysia. It explores for platinum group metals, nickel, coal, iron ore, manganese ore, and chrome ore, as well as gold. African Rainbow Minerals Limited was founded in 1933 and is based in Sandton, South Africa.

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