CMOC Group (OTCMKTS:CMCLF) Trading Up 2.5% – Should You Buy?

CMOC Group Limited (OTCMKTS:CMCLFGet Free Report) was up 2.5% on Thursday . The stock traded as high as $2.88 and last traded at $2.84. Approximately 19,463 shares changed hands during mid-day trading, a decline of 44% from the average daily volume of 34,954 shares. The stock had previously closed at $2.77.

CMOC Group Trading Up 2.5%

The company has a fifty day moving average price of $2.47 and a two-hundred day moving average price of $1.91.

CMOC Group Company Profile

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CMOC Group (OTCMKTS: CMCLF) is a China-based mining and metals company with a diversified portfolio of base metals and critical minerals. The company’s core business activities encompass the exploration, development and production of copper, molybdenum, cobalt, niobium, phosphate, tungsten and gold. Through a combination of wholly owned and joint-venture operations, CMOC Group serves industrial, energy and technology markets worldwide.

Among CMOC Group’s principal assets is the Tenke Fungurume mine in the Democratic Republic of the Congo, one of the world’s largest sources of copper and cobalt.

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