Metallurgical Corp. of China (OTCMKTS:MLLUY) Shares Up 2.1% – Should You Buy?

Metallurgical Corp. of China Ltd. (OTCMKTS:MLLUYGet Free Report)’s stock price rose 2.1% on Monday . The company traded as high as $4.29 and last traded at $4.29. Approximately 645 shares changed hands during trading, an increase of 1,092% from the average daily volume of 54 shares. The stock had previously closed at $4.20.

Metallurgical Corp. of China Price Performance

The stock has a 50 day moving average of $4.99 and a 200 day moving average of $5.05.

Metallurgical Corp. of China Company Profile

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Metallurgical Corp. of China (OTCMKTS: MLLUY) is a Beijing-based engineering, procurement and construction (EPC) contractor and metallurgical resources explorer. As one of the core operating entities of the state-owned China Metallurgical Group Corporation, the company provides integrated services for mining and mineral processing projects. Its expertise spans project feasibility studies, plant design, turnkey construction, equipment manufacturing and technical consulting for clients in the metals and mining sectors.

The company’s business segments include mining engineering, smelting and metal processing, equipment production and environmental management.

Further Reading

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