CMOC Group (OTCMKTS:CMCLF) Trading Up 2.5% – What’s Next?

CMOC Group Limited (OTCMKTS:CMCLFGet Free Report)’s share price shot up 2.5% during mid-day trading on Thursday . The stock traded as high as $2.88 and last traded at $2.84. 19,463 shares were traded during trading, a decline of 44% from the average session volume of 34,954 shares. The stock had previously closed at $2.77.

CMOC Group Stock Up 2.5%

The company has a 50 day moving average of $2.47 and a 200 day moving average of $1.91.

CMOC Group Company Profile

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CMOC Group (OTCMKTS: CMCLF) is a China-based mining and metals company with a diversified portfolio of base metals and critical minerals. The company’s core business activities encompass the exploration, development and production of copper, molybdenum, cobalt, niobium, phosphate, tungsten and gold. Through a combination of wholly owned and joint-venture operations, CMOC Group serves industrial, energy and technology markets worldwide.

Among CMOC Group’s principal assets is the Tenke Fungurume mine in the Democratic Republic of the Congo, one of the world’s largest sources of copper and cobalt.

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