Sumitomo Metal Mining Co., Ltd. (OTCMKTS:SMMYY – Get Free Report) rose 2.3% during mid-day trading on Wednesday . The company traded as high as $7.72 and last traded at $7.70. Approximately 251,733 shares were traded during trading, an increase of 267% from the average daily volume of 68,548 shares. The stock had previously closed at $7.52.
Sumitomo Metal Mining Stock Performance
The business’s fifty day moving average price is $7.98 and its 200-day moving average price is $7.52.
Sumitomo Metal Mining Company Profile
Sumitomo Metal Mining Co, Ltd., together with its subsidiaries, engages in mining, smelting, and refining non-ferrous metals in Japan and internationally. It operates through Mineral Resources, Smelting & Refining, and Materials segments. The company provides metal products, including copper, nickel/cobalt, gold/precious metal, and others; battery materials, such as nickel hydroxides, lithium nickel-cobalt-aluminum oxides, and lithium nickel manganese cobalt oxide; and crystal materials, including lithium tantalates/lithium niobates, optical isolators, faraday rotators, and substitute gallium gadolinium garnet.
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