Shares of CMOC Group Limited (OTCMKTS:CMCLF – Get Free Report) dropped 3.2% during mid-day trading on Wednesday . The stock traded as low as $1.70 and last traded at $1.96. 19,465 shares changed hands during trading, an increase of 6% from the average daily volume of 18,396 shares. The stock had previously closed at $2.0250.
CMOC Group Price Performance
The firm’s 50-day moving average is $2.36 and its 200 day moving average is $2.54.
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.
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