Sumitomo Metal Mining Co., Ltd. – Unsponsored ADR (OTCMKTS:SMMYY – Get Free Report)’s stock price rose 4.3% on Thursday . The stock traded as high as $14.50 and last traded at $14.3085. 133,056 shares were traded during mid-day trading, a decline of 45% from the average session volume of 240,739 shares. The stock had previously closed at $13.72.
Sumitomo Metal Mining Trading Up 2.2%
The stock’s fifty day moving average is $12.35 and its two-hundred day moving average is $14.37.
About Sumitomo Metal Mining
Sumitomo Metal Mining Co, Ltd., headquartered in Tokyo, Japan, is a diversified metals and mining company with operations spanning exploration, extraction, smelting, refining and recycling. Tracing its roots to the historic Besshi Copper Mine under the Sumitomo umbrella, it was established as a standalone corporate entity in 1950. The company’s product portfolio includes copper, nickel, cobalt and gold, with a growing emphasis on battery‐grade nickel and cobalt sulfate for lithium‐ion cells used in electric vehicles and energy storage systems.
Key assets include the Niihama copper smelter and refinery in Ehime Prefecture, and a 20% interest in PT Vale Indonesia, operator of the Sorowako nickel mine on Sulawesi Island.
Recommended Stories
- Five stocks we like better than Sumitomo Metal Mining
- Axon’s Post-Earnings Pullback May Be More About Valuation Than Growth
- Uber Stock Lags in 2026, But Cash Flow and AV Bets Fuel Upside
- AppLovin Stock Hits 52-Week Low as Analysts Trim Targets, Stay Bullish
- Why These 3 Equal Weight ETFs Have Outperformed the S&P This Year
Receive News & Ratings for Sumitomo Metal Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sumitomo Metal Mining and related companies with MarketBeat.com's FREE daily email newsletter.
