CMOC Group (OTC:CMCLF) Trading Up 0.6%

CMOC Group Limited (OTC:CMCLFGet Rating) was up 0.6% on Wednesday . The stock traded as high as C$0.54 and last traded at C$0.54. Approximately 315 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 59,228 shares. The stock had previously closed at C$0.54.

Wall Street Analyst Weigh In

Separately, HSBC upgraded CMOC Group from a “hold” rating to a “buy” rating in a research report on Monday, January 30th.

CMOC Group Stock Performance

The company has a 50-day moving average of C$0.59 and a 200 day moving average of C$0.54.

About CMOC Group

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CMOC Group Limited, together with its subsidiaries, engages in the mining, beneficiation, smelting, refining, and trading of copper, cobalt, molybdenum, tungsten, niobium, phosphates, and other base and rare metals. The company provides molybdenum oxide, ferromolybdenum, molybdenum and tungsten concentrates, copper concentrate, cobalt hydroxide, ferroniobium, phosphate fertilizer, gold and silver, and other related products.

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