Sumitomo Metal Mining (OTCMKTS:SMMYY) Shares Down 2.8%

Sumitomo Metal Mining Co., Ltd. (OTCMKTS:SMMYYGet Free Report)’s share price dropped 2.8% during trading on Friday . The company traded as low as $7.72 and last traded at $7.78. Approximately 23,719 shares changed hands during trading, a decline of 39% from the average daily volume of 39,197 shares. The stock had previously closed at $8.00.

Sumitomo Metal Mining Trading Down 2.8 %

The business has a 50-day simple moving average of $8.02 and a two-hundred day simple moving average of $8.54.

About Sumitomo Metal Mining

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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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