Mitsubishi Materials Co. (OTCMKTS:MIMTF – Get Free Report) rose 8.3% during mid-day trading on Monday . The company traded as high as C$17.33 and last traded at C$17.33. Approximately 700 shares were traded during trading, a decline of 10% from the average daily volume of 782 shares. The stock had previously closed at C$16.00.
Mitsubishi Materials Stock Performance
The stock’s 50 day simple moving average is C$15.84 and its two-hundred day simple moving average is C$15.78.
About Mitsubishi Materials
Mitsubishi Materials Corporation, together with its subsidiaries, engages in metals, metalworking solutions, cement, environment and energy, and electronic materials businesses in Japan. The company offers automotive products, including engine, drive system, and onboard equipment parts and materials; exterior parts and materials; electronic parts and materials; hybrid, EV, and fuel cell car parts and materials; tools; recycling, and green products and materials; environment and recycle technology; energy recovery resources, such as shredder residue, batteries, and e-scrap; and recycling facilities.
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