CMOC Group Limited (OTC:CMCLF – Get Rating)'s stock price dropped 2.8% during trading on Monday . The stock traded as low as C$0.57 and last traded at C$0.57. Approximately 200 shares traded hands during mid-day trading, a decline of 100% from the average daily volume of 165,096 shares. The stock had previously closed at C$0.59.
Wall Street Analysts Forecast Growth
Separately, HSBC upgraded shares of CMOC Group from a "hold" rating to a "buy" rating in a research note on Monday, January 30th.
Get CMOC Group alerts:CMOC Group Trading Down 2.8 %
The stock's fifty day moving average is C$0.51 and its two-hundred day moving average is C$0.45.
About CMOC Group
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CMOC Group Limited, together with its subsidiaries, engages in the mining, beneficiation, smelting, refining, and trading of copper, cobalt, molybdenum, tungsten, niobium, phosphates, and other base and rare metals. The company provides molybdenum oxide, ferromolybdenum, molybdenum and tungsten concentrates, copper concentrate, cobalt hydroxide, ferroniobium, phosphate fertilizer, gold and silver, and other related products.
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