CMOC Group (OTCMKTS:CMCLF) Stock Price Down 2.2% – Should You Sell?

CMOC Group Limited (OTCMKTS:CMCLF) shares traded down 2.2% on Friday . The stock traded as low as $2.8750 and last traded at $2.8750. 26,589 shares were traded during trading, a decline of 9% from the average session volume of 29,310 shares. The stock had previously closed at $2.94.

CMOC Group Trading Down 2.2%

The business’s fifty day moving average price is $2.69 and its 200-day moving average price is $2.11.

CMOC Group Company Profile

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.