CMOC Group Limited (OTC:CMCLF – Get Rating) was up 3.5% during trading on Monday . The company traded as high as C$0.60 and last traded at C$0.60. Approximately 500 shares traded hands during trading, a decline of 99% from the average daily volume of 87,520 shares. The stock had previously closed at C$0.58.
Wall Street Analyst Weigh In
Separately, HSBC raised shares of CMOC Group from a "hold" rating to a "buy" rating in a report on Monday, January 30th.
Get CMOC Group alerts:CMOC Group Stock Up 3.5 %
The business has a fifty day moving average of C$0.58 and a 200 day moving average of C$0.48.
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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