Metallurgical Corp. of China Ltd. (OTCMKTS:MLLUY – Get Free Report) shares dropped 19.8% on Friday . The company traded as low as $4.20 and last traded at $4.20. Approximately 272 shares were traded during mid-day trading, an increase of 407% from the average daily volume of 54 shares. The stock had previously closed at $5.24.
Metallurgical Corp. of China Trading Down 19.8%
The company’s 50-day moving average price is $5.40 and its 200-day moving average price is $4.98.
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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