CMOC Group (CMCLF) Projected to Release Quarterly Earnings on Wednesday

CMOC Group (OTCMKTS:CMCLF) is expected to announce its results after the market closes on Wednesday, August 19th. Analysts expect the company to announce earnings of $0.0530 per share and revenue of $9.7846 billion for the quarter.

CMOC Group Trading Up 6.4%

OTCMKTS CMCLF opened at $2.50 on Wednesday. The firm’s 50 day simple moving average is $2.19 and its 200 day simple moving average is $2.43. CMOC Group has a 1 year low of $1.03 and a 1 year high of $3.55.

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.