OZ Minerals Limited (OTCMKTS:OZMLF – Get Rating) was down 1.7% on Tuesday . The company traded as low as $14.60 and last traded at $14.60. Approximately 292 shares were traded during trading, a decline of 83% from the average daily volume of 1,731 shares. The stock had previously closed at $14.85.
Separately, The Goldman Sachs Group upgraded OZ Minerals from a “neutral” rating to a “buy” rating in a research note on Monday, April 11th.
The stock has a fifty day simple moving average of $16.77 and a two-hundred day simple moving average of $18.47.
OZ Minerals Limited engages in the exploration, development, mining, and processing of mining projects in Australia. The company primarily explores for copper, gold, silver, nickel, iron oxide, zinc, and lead deposits. It owns and operates the Prominent Hill mine located in northern South Australia; the Carrapateena project located in South Australia; and the Antas mine located in the state of Pará in the northern region of Brazil.
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