Shares of Aurubis AG (OTCMKTS:AIAGY – Get Free Report) dropped 23% during mid-day trading on Thursday. The company traded as low as $75.05 and last traded at $75.05. 274 shares were traded during trading, a decline of 14% from the average session volume of 317 shares. The stock had previously closed at $97.48.
Aurubis Stock Performance
The stock’s fifty day simple moving average is $97.30 and its 200-day simple moving average is $103.89.
Aurubis Company Profile
Aurubis AG is a Germany-based producer and recycler of non-ferrous metals. The company processes copper concentrates, recycled materials and complex metal-bearing raw materials into refined metals and related products. Its operations support industries including electrical and electronics manufacturing, construction, automotive production and renewable energy.
The company’s product portfolio includes copper cathodes, copper wire rod, shapes and specialty products, as well as precious metals such as gold and silver.
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