Metallurgical Corp. of China (OTCMKTS:MLLUY) Sets New 12-Month High – Still a Buy?

Metallurgical Corp. of China Ltd. (OTCMKTS:MLLUY – Get Free Report) hit a new 52-week high on Friday. The company traded as high as $3.66 and last traded at $3.66, with a volume of 285 shares. The stock had previously closed at $3.30.

Metallurgical Corp. of China Stock Performance

The stock has a fifty day simple moving average of $3.55 and a 200-day simple moving average of $3.84. The stock has a market cap of $3.79 billion, a P/E ratio of 6.20 and a beta of 0.73.

Metallurgical Corp. of China Company Profile

(Get Free Report)

Metallurgical Corporation of China Limited (OTCMKTS: MLLUY), also known as MCC, is a China-based engineering and construction company. Its operations are centered on engineering, procurement and construction services for metallurgical projects, including steel production facilities, mining infrastructure and related industrial developments.

The company also provides infrastructure construction, municipal engineering, environmental engineering, equipment manufacturing and technology services.

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