MMG Limited (OTC:MMLTF – Get Free Report)’s share price dropped 10.7% during mid-day trading on Tuesday . The stock traded as low as $1.25 and last traded at $1.25. Approximately 500 shares were traded during trading, a decline of 72% from the average daily volume of 1,808 shares. The stock had previously closed at $1.40.
MMG Price Performance
The firm’s fifty day moving average price is $1.26 and its 200 day moving average price is $0.99.
About MMG
MMG Limited, an investment holding company, engages in the exploration, development, and mining of copper, zinc, gold, silver, molybdenum, cobalt, and lead deposits in Australia and internationally. It operates through Las Bambas, Kinsevere, Dugald River, Rosebery, and Other segments. The company holds a 62.5% interest in the Las Bambas open-pit copper and molybdenum mine located in Cotabambas, Apurimac region of Peru; and 100% interest in the Kinsevere open-pit copper mine in the Haut-Katanga province of the Democratic Republic of the Congo.
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