MMG Limited (OTCMKTS:MMLTF – Get Free Report) shares rose 22.9% on Wednesday . The company traded as high as $1.08 and last traded at $1.08. 1,000 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 34,615 shares. The stock had previously closed at $0.8788.
MMG Stock Up 22.9%
The stock has a 50 day moving average price of $1.05 and a 200 day moving average price of $1.14.
About MMG
MMG Limited, an investment holding company, engages in the exploration, development, and mining of copper, zinc, gold, silver, molybdenum, cobalt, and lead deposits in Australia and internationally. It operates through Las Bambas, Kinsevere, Dugald River, Rosebery, and Other segments. The company holds a 62.5% interest in the Las Bambas open-pit copper and molybdenum mine located in Cotabambas, Apurimac region of Peru; and 100% interest in the Kinsevere open-pit copper mine in the Haut-Katanga province of the Democratic Republic of the Congo.
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