Mitsui Mining & Smelting Co., Ltd. (OTCMKTS:MMSMY – Get Free Report) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totaling 12,799 shares, an increase of 480.7% from the June 15th total of 2,204 shares. Based on an average trading volume of 8,465 shares, the short-interest ratio is presently 1.5 days.
Mitsui Mining & Smelting Price Performance
MMSMY traded up $1.72 during midday trading on Friday, hitting $45.24. 20,050 shares of the company’s stock traded hands, compared to its average volume of 4,186. The stock’s fifty day simple moving average is $56.47 and its 200-day simple moving average is $43.21. Mitsui Mining & Smelting has a one year low of $6.99 and a one year 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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