Thungela Resources Limited (OTCMKTS:TNGRF – Get Free Report)’s share price rose 3.2% during trading on Wednesday . The company traded as high as $5.25 and last traded at $5.09. Approximately 1,450 shares were traded during trading, a decline of 75% from the average daily volume of 5,766 shares. The stock had previously closed at $4.93.
Thungela Resources Price Performance
The firm has a 50 day moving average of $5.93 and a two-hundred day moving average of $6.66.
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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