CMOC Group Limited (OTCMKTS:CMCLF – Get Free Report) was the recipient of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 102,944 shares, a decrease of 95.6% from the June 30th total of 2,322,851 shares. Based on an average trading volume of 27,144 shares, the days-to-cover ratio is presently 3.8 days.
CMOC Group Stock Down 3.5%
OTCMKTS:CMCLF traded down $0.07 during trading hours on Friday, hitting $2.08. The stock had a trading volume of 110 shares, compared to its average volume of 20,411. CMOC Group has a 1-year low of $0.78 and a 1-year high of $3.55. The business has a 50 day simple moving average of $2.24 and a two-hundred day simple moving average of $2.49.
About CMOC Group
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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