CMOC Group (OTCMKTS:CMCLF) Shares Down 2.2% – What’s Next?

CMOC Group Limited (OTCMKTS:CMCLF)’s share price dropped 2.2% during mid-day trading on Friday . The company traded as low as $2.8750 and last traded at $2.8750. Approximately 26,589 shares were traded during trading, a decline of 9% from the average daily volume of 29,310 shares. The stock had previously closed at $2.94.

CMOC Group Trading Down 2.2%

The stock’s fifty day simple moving average is $2.69 and its 200 day simple moving average is $2.12.

CMOC Group Company Profile

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.