Sumitomo Metal Mining (OTCMKTS:SMMYY) Stock Falls 11.9% – What’s Next?

Sumitomo Metal Mining Co., Ltd. – Unsponsored ADR (OTCMKTS:SMMYY – Get Free Report) fell 11.9% during trading on Wednesday. The stock traded as low as $11.26 and last traded at $11.50. 5,693 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 154,530 shares. The stock had previously closed at $13.06.

Sumitomo Metal Mining Stock Up 1.8%

The firm’s 50 day simple moving average is $14.51 and its 200 day simple moving average is $14.61.

Sumitomo Metal Mining Company Profile

(Get Free Report)

Sumitomo Metal Mining Co., Ltd. is a Japanese nonferrous metals company whose businesses span mineral resource development, smelting and refining, and materials. It produces and processes metals including copper, nickel and gold, and supplies products such as battery materials and other advanced materials for industrial and technology applications. The company’s mining and resource activities extend beyond Japan, while its smelting, refining and materials operations serve customers in Japan and international markets.

Further Reading

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.