Mitsui Mining & Smelting Co., Ltd. (OTCMKTS:MMSMY – Get Free Report) was the recipient of a large drop in short interest in May. As of May 15th, there was short interest totaling 104 shares, a drop of 88.1% from the April 30th total of 876 shares. Based on an average trading volume of 2,900 shares, the days-to-cover ratio is presently 0.0 days.
Mitsui Mining & Smelting Price Performance
OTCMKTS:MMSMY remained flat at $67.58 during midday trading on Thursday. 118 shares of the company traded hands, compared to its average volume of 3,061. The stock has a fifty day moving average of $49.17 and a two-hundred day moving average of $36.16. Mitsui Mining & Smelting has a 12-month low of $5.88 and a 12-month high of $69.83.
About Mitsui Mining & Smelting
Mitsui Mining & Smelting Co, Ltd. is a Tokyo-based nonferrous metals producer and a member of the Mitsui Group. The company specializes in the smelting, refining and marketing of base metals, including copper, zinc and lead, as well as precious metals such as gold and silver. With a history spanning back to its early 20th-century origins, Mitsui Mining & Smelting has built a reputation for technical expertise in metallurgical processes and materials science.
The company’s core business segments encompass traditional metals operations and advanced functional materials.
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