Metallurgical Corp. of China Ltd. (OTCMKTS:MLLUY – Get Free Report) shares were down 15.3% on Tuesday . The stock traded as low as $3.5575 and last traded at $3.5575. Approximately 136 shares traded hands during mid-day trading, an increase of 1,976% from the average daily volume of 7 shares. The stock had previously closed at $4.20.
Metallurgical Corp. of China Stock Performance
The stock has a market cap of $3.69 billion, a price-to-earnings ratio of 4.94 and a beta of 0.81. The firm’s 50-day simple moving average is $4.29 and its two-hundred day simple moving average is $4.61.
Metallurgical Corp. of China Company Profile
Metallurgical Corp. of China (OTCMKTS: MLLUY) is a Beijing-based engineering, procurement and construction (EPC) contractor and metallurgical resources explorer. As one of the core operating entities of the state-owned China Metallurgical Group Corporation, the company provides integrated services for mining and mineral processing projects. Its expertise spans project feasibility studies, plant design, turnkey construction, equipment manufacturing and technical consulting for clients in the metals and mining sectors.
The company’s business segments include mining engineering, smelting and metal processing, equipment production and environmental management.
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