Metallurgical Corp. of China (OTCMKTS:MLLUY) Shares Up 2.1% – Here’s What Happened

Metallurgical Corp. of China Ltd. (OTCMKTS:MLLUYGet Free Report) shot up 2.1% during mid-day trading on Monday . The company traded as high as $4.29 and last traded at $4.29. 645 shares were traded during trading, an increase of 1,092% from the average session volume of 54 shares. The stock had previously closed at $4.20.

Metallurgical Corp. of China Stock Up 2.1%

The company’s fifty day simple moving average is $4.99 and its two-hundred day simple moving average is $5.05.

About Metallurgical Corp. of China

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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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