Sumitomo Metal Mining (OTCMKTS:SMMYY) Trading Down 0.7% – Here’s What Happened

Sumitomo Metal Mining Co., Ltd. (OTCMKTS:SMMYYGet Free Report) fell 0.7% during mid-day trading on Tuesday . The company traded as low as $5.73 and last traded at $5.75. 55,614 shares were traded during mid-day trading, a decline of 65% from the average session volume of 158,471 shares. The stock had previously closed at $5.79.

Sumitomo Metal Mining Stock Performance

The business has a 50-day moving average price of $5.85 and a two-hundred day moving average price of $5.59.

Sumitomo Metal Mining Company Profile

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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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