MMG Limited (OTC:MMLTF – Get Free Report) was down 8% during mid-day trading on Thursday . The company traded as low as $1.2950 and last traded at $1.3153. Approximately 3,000 shares were traded during trading, an increase of 30% from the average daily volume of 2,307 shares. The stock had previously closed at $1.43.
MMG Stock Down 8.0%
The company has a fifty day simple moving average of $1.15 and a two-hundred day simple moving average of $0.88.
MMG Company Profile
MMG Limited, an investment holding company, engages in the exploration, development, and mining of copper, zinc, gold, silver, molybdenum, cobalt, and lead deposits in Australia and internationally. It operates through Las Bambas, Kinsevere, Dugald River, Rosebery, and Other segments. The company holds a 62.5% interest in the Las Bambas open-pit copper and molybdenum mine located in Cotabambas, Apurimac region of Peru; and 100% interest in the Kinsevere open-pit copper mine in the Haut-Katanga province of the Democratic Republic of the Congo.
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