Refined Metals (OTCMKTS:CADMF) Shares Down 14.2% – Here’s Why

Refined Metals Corp. (OTCMKTS:CADMF) shares dropped 14.2% during mid-day trading on Wednesday . The stock traded as low as $0.3510 and last traded at $0.3510. Approximately 23,355 shares traded hands during trading, a decline of 1% from the average daily volume of 23,527 shares. The stock had previously closed at $0.4089.

Refined Metals Stock Performance

The firm has a 50 day moving average of $0.43 and a 200-day moving average of $0.34.

About Refined Metals

Refined Metals Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties. The company was formerly known as Chemesis International Inc and changed its name to Refined Metals Corp. in November 2022. The company is headquartered in Vancouver, Canada.