|Day's range||4.45 - 4.50|
|52-week range||2.68 - 5.68|
|PE ratio (TTM)||6.48|
|Dividend & yield||0.00 (0.00%)|
|1y target est||8.10|
Global miner Anglo American posted higher second quarter iron ore production on Thursday, leading it to raise its annual targets for the steel-making ingredient. Iron ore production at the company's South ...
Categories: Yahoo FinanceKumba Iron Ore Ltd. relative valuation is now NEUTRAL. It was previously rated UNDERVALUED, and has a fundamental analysis score of 91. Our analysis is based on comparing Kumba Iron Ore Ltd. with the following peers – Cliffs Natural Resources Inc., Vale S.A. Sponsored ADR, BHP Billiton Plc Sponsored ADR, Assore Limited Unsponsored ADR, BHP ... Read more (Read more...)
South Africa's National Union of Mineworkers (NUM) has tabled wage hike demands of 12.5 to 16 percent with Anglo American (LSE: AAL.L - news) 's unit Kumba Iron Ore (Other OTC: KIROY - news) , well above inflation, according to a document obtained by Reuters on Thursday. Anglo American has signalled its intention to sell off its stake in Kumba and the talks could be tough as prospective investors will not want to be saddled with an onerous wage bill amid uncertainty about iron and steel prices. Kumba said earlier in May that it expects its interim earnings to rise by at least 20 percent largely because of higher export prices for iron ore which have been boosted by weakness in the rand currency.