Metallurgical Corp. of China (OTCMKTS:MLLUY) Stock Price Down 13.4% – Should You Sell?

by · The Cerbat Gem

Metallurgical Corp. of China Ltd. (OTCMKTS:MLLUY – Get Free Report)’s share price traded down 13.4% during trading on Friday . The stock traded as low as $5.41 and last traded at $5.41. 112 shares were traded during mid-day trading, an increase of 1,955% from the average session volume of 5 shares. The stock had previously closed at $6.25.

Metallurgical Corp. of China Price Performance

The business’s fifty day moving average is $5.59 and its 200-day moving average is $4.81. The company has a quick ratio of 0.92, a current ratio of 1.04 and a debt-to-equity ratio of 0.33.

Metallurgical Corp. of China Company Profile

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Metallurgical Corp. of China (OTCMKTS: MLLUY) is a Beijing-based engineering, procurement and construction (EPC) contractor and metallurgical resources explorer. As one of the core operating entities of the state-owned China Metallurgical Group Corporation, the company provides integrated services for mining and mineral processing projects. Its expertise spans project feasibility studies, plant design, turnkey construction, equipment manufacturing and technical consulting for clients in the metals and mining sectors.

The company’s business segments include mining engineering, smelting and metal processing, equipment production and environmental management.

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