CMOC Group Limited (OTCMKTS:CMCLF – Get Free Report) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 102,944 shares, a drop of 95.6% from the June 30th total of 2,322,851 shares. Based on an average daily volume of 27,144 shares, the short-interest ratio is presently 3.8 days.
CMOC Group Stock Down 3.5%
CMCLF stock opened at $2.08 on Friday. The company has a 50-day simple moving average of $2.23 and a 200 day simple moving average of $2.48. CMOC Group has a fifty-two week low of $0.78 and a fifty-two week high of $3.55.
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.
Featured Stories
- Five stocks we like better than CMOC Group
- Why Palantir Investors Aren’t Panicking While the Rest of AI Sells Off
- MarketBeat Week in Review – 07/20- 07/24
- AMD and Cerbras Create A New Blueprint For Hardware
- Intel Earnings Reveal Whether the Chip Selloff Created a Buy
Receive News & Ratings for CMOC Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CMOC Group and related companies with MarketBeat.com's FREE daily email newsletter.
