MMG Limited (OTCMKTS:MMLTF – Get Free Report)’s stock price shot up 22.9% during mid-day trading on Wednesday . The company traded as high as $1.08 and last traded at $1.08. 1,000 shares traded hands during trading, a decline of 97% from the average daily volume of 34,615 shares. The stock had previously closed at $0.8788.
MMG Stock Down 4.6%
The company has a 50-day simple moving average of $1.04 and a two-hundred day simple moving average 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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