Industrias Peñoles (OTCMKTS:IPOAF) Stock Price Down 1.6% – Here’s What Happened

Industrias Peñoles, S.A.B. de C.V. (OTCMKTS:IPOAFGet Free Report)’s stock price was down 1.6% on Wednesday . The company traded as low as $60.68 and last traded at $61.00. Approximately 1,878 shares changed hands during mid-day trading, a decline of 40% from the average daily volume of 3,155 shares. The stock had previously closed at $62.01.

Industrias Peñoles Stock Performance

The stock has a 50-day moving average price of $55.07 and a 200-day moving average price of $43.68.

About Industrias Peñoles

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Industrias Peñoles, SAB. de C.V. (OTCMKTS: IPOAF) is a Mexico-based mining and metals company specializing in the exploration, extraction and processing of non-ferrous metals. The company’s core activities encompass the mining of silver, gold, copper, zinc and lead ores, as well as the operation of smelting and refining facilities that produce high-purity metals for industrial and commercial markets worldwide. Peñoles is widely recognized as one of the largest primary silver producers globally and maintains integrated production capabilities from mine to market.

Peñoles operates a diversified portfolio of mines and metallurgical complexes largely concentrated in Mexico, with additional exploration projects and partnerships in Latin America.

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