CMOC Group (OTCMKTS:CMCLF) Trading Down 1.1% – What’s Next?

Shares of CMOC Group Limited (OTCMKTS:CMCLFGet Free Report) dropped 1.1% on Monday . The company traded as low as $2.28 and last traded at $2.5082. Approximately 49,162 shares were traded during mid-day trading, an increase of 174% from the average daily volume of 17,948 shares. The stock had previously closed at $2.5355.

CMOC Group Stock Performance

The stock’s 50 day moving average price is $2.27 and its 200-day moving average price is $1.71.

CMOC Group Company Profile

(Get Free Report)

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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