Mitsui Mining & Smelting Co., Ltd. (OTCMKTS:MMSMY – Get Free Report) was the target of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 12,799 shares, an increase of 480.7% from the June 15th total of 2,204 shares. Based on an average daily trading volume, of 8,465 shares, the short-interest ratio is currently 1.5 days.
Mitsui Mining & Smelting Stock Up 4.0%
MMSMY stock traded up $1.72 during trading on Friday, reaching $45.24. 20,050 shares of the stock were exchanged, compared to its average volume of 4,186. Mitsui Mining & Smelting has a twelve month low of $6.99 and a twelve month high of $69.83. The stock has a 50 day simple moving average of $56.47 and a 200-day simple moving average of $43.07.
Mitsui Mining & Smelting Company Profile
Mitsui Mining & Smelting Co, Ltd. is a Tokyo-based nonferrous metals producer and a member of the Mitsui Group. The company specializes in the smelting, refining and marketing of base metals, including copper, zinc and lead, as well as precious metals such as gold and silver. With a history spanning back to its early 20th-century origins, Mitsui Mining & Smelting has built a reputation for technical expertise in metallurgical processes and materials science.
The company’s core business segments encompass traditional metals operations and advanced functional materials.
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