MMG (OTCMKTS:MMLTF) Stock Price Up 2.6% – Still a Buy?

Shares of MMG Limited (OTCMKTS:MMLTF – Get Free Report) shot up 2.6% during trading on Wednesday. The stock traded as high as $0.8880 and last traded at $0.8880. Approximately 1,000 shares were traded during trading, a decline of 97% from the average session volume of 31,545 shares. The stock had previously closed at $0.8659.

MMG Price Performance

The business’s fifty day simple moving average is $1.06 and its two-hundred day simple moving average is $1.10.

MMG Company Profile

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MMG Limited is an international mining company that explores, develops and operates mines, with a focus on base metals. Its products include copper and zinc, as well as lead and precious metals produced as byproducts. The company’s operations span Australia, Peru, the Democratic Republic of the Congo and Botswana. Its assets include the Las Bambas copper mine in Peru, the Kinsevere copper mine in the DRC, and the Dugald River and Rosebery mines in Australia. MMG was established in 2009 as Minmetals Resources Limited and adopted the MMG name in 2012.

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