MMG Limited (OTCMKTS:MMLTF – Get Free Report) shares were down 12.7% on Wednesday. The stock traded as low as $0.9513 and last traded at $0.9513. Approximately 391 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 32,260 shares. The stock had previously closed at $1.09.
MMG Price Performance
The company’s 50-day moving average price is $1.11 and its two-hundred day moving average price is $1.08.
MMG Company Profile
MMG Limited is a global mining company focused primarily on the exploration, development and operation of base-metal assets. Its products include copper, zinc, lead and associated precious metals, which are supplied to industrial and manufacturing markets worldwide.
The company operates mining projects in Australia, Peru and the Democratic Republic of the Congo. Its portfolio has included the Las Bambas copper mine in Peru, the Dugald River zinc-lead-silver mine and Rosebery polymetallic mine in Australia, and the Kinsevere copper mine in the Democratic Republic of the Congo.
MMG was established in 2009 and is part of China Minmetals Corporation, a state-owned Chinese metals and mining group.
Further Reading
- Five stocks we like better than MMG
- Spotify Soars After Earnings as the Company Touts AI Benefits and Moderating Costs
- Lockheed Martin’s Record $292 Billion Backlog Comes With a Delivery Test
- Palantir’s Next Big Test Isn’t a Partnership—It’s the Numbers
- Kinder Morgan’s $4.7 Billion Pipeline Bet Could Be Bigger Than Its Earnings Beat
Receive News & Ratings for MMG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MMG and related companies with MarketBeat.com's FREE daily email newsletter.
