Imerys (OTCMKTS:IMYSF) Shares Down 22.2% – Here’s Why

Imerys S.A. (OTCMKTS:IMYSFGet Free Report)’s share price fell 22.2% during mid-day trading on Tuesday . The company traded as low as C$26.45 and last traded at C$26.45. 300 shares were traded during mid-day trading, a decline of 3% from the average session volume of 310 shares. The stock had previously closed at C$34.01.

Imerys Stock Performance

The company’s 50-day moving average is C$24.87 and its 200 day moving average is C$28.03.

About Imerys

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Imerys SA provides mineral-based specialty solutions for various industries worldwide. The company provides additives for paints, coatings, adhesives, caulks, sealants, and rubber; minerals for technical ceramics and traditional ceramics; functional additives for plastics and thermoset; high-performance binders for dry mix mortars and floor screeds; fillers and coatings for paper, board, and packaging applications; filtration agents for liquids and blood plasma; pharmaceutical diluents, coloring agents, processing aids, glidants, and lubricants for tablet production; engineered minerals for cosmetic industry; food additives to preserve flavor; coating agents to improve fertilizer fow; mineral-based cat litters; alumina for high-performance abrasives and graphite in brake pads; and carbon black for conductivity in onboard data systems.

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