Mitsubishi Materials (OTCMKTS:MIMTF) Trading Up 18.2% – What’s Next?

Mitsubishi Materials Co. (OTCMKTS:MIMTFGet Free Report)’s stock price shot up 18.2% during trading on Friday . The stock traded as high as C$28.65 and last traded at C$28.65. 160 shares traded hands during trading, a decline of 79% from the average session volume of 777 shares. The stock had previously closed at C$24.24.

Mitsubishi Materials Stock Performance

The stock’s fifty day moving average price is C$21.21 and its two-hundred day moving average price is C$18.59.

About Mitsubishi Materials

(Get Free Report)

Mitsubishi Materials Corporation is a Japanese materials engineering company that manufactures and processes a wide range of products derived from non-ferrous metals, cement and advanced materials. As part of the Mitsubishi Group, it leverages integrated operations spanning resource development, smelting, fabrication and recycling to serve diverse industrial needs.

The company’s offerings include copper cathodes, rods and wires, aluminum products, and electronic materials such as sputtering targets, semiconductor back-end materials and metal powders.

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