Mitsui Mining & Smelting Co., Ltd. (OTCMKTS:MMSMY – Get Free Report) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totaling 12,799 shares, a growth of 480.7% from the June 15th total of 2,204 shares. Based on an average daily volume of 8,465 shares, the short-interest ratio is currently 1.5 days.
Mitsui Mining & Smelting Trading Up 4.0%
Mitsui Mining & Smelting stock traded up $1.72 during mid-day trading on Friday, hitting $45.24. 20,050 shares of the company’s stock were exchanged, compared to its average volume of 4,186. Mitsui Mining & Smelting has a 1-year low of $6.99 and a 1-year high of $69.83. The stock has a 50 day moving average of $56.47 and a two-hundred day moving average of $43.07.
Mitsui Mining & Smelting Company Profile
Mitsui Mining & Smelting Co, Ltd. is a Tokyo-based nonferrous metals producer and a member of the Mitsui Group. The company specializes in the smelting, refining and marketing of base metals, including copper, zinc and lead, as well as precious metals such as gold and silver. With a history spanning back to its early 20th-century origins, Mitsui Mining & Smelting has built a reputation for technical expertise in metallurgical processes and materials science.
The company’s core business segments encompass traditional metals operations and advanced functional materials.
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