CMOC Group Limited (OTCMKTS:CMCLF – Get Free Report) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 102,944 shares, a drop of 95.6% from the June 30th total of 2,322,851 shares. Based on an average trading volume of 27,144 shares, the short-interest ratio is currently 3.8 days.
CMOC Group Stock Down 3.5%
Shares of CMCLF stock opened at $2.08 on Friday. CMOC Group has a 52-week low of $0.78 and a 52-week high of $3.55. The firm’s 50-day moving average is $2.23 and its 200-day moving average is $2.48.
About CMOC Group
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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