Mitsui Mining & Smelting Co., Ltd. (OTCMKTS:MMSMY – Get Free Report) was the target of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 5,187 shares, a decline of 36.5% from the July 30th total of 8,166 shares. Based on an average trading volume of 31,089 shares, the days-to-cover ratio is currently 0.2 days.
Mitsui Mining & Smelting Stock Performance
Shares of MMSMY stock traded down $2.12 on Tuesday, hitting $35.32. 5,057 shares of the stock traded hands, compared to its average volume of 8,019. The company’s fifty day moving average is $41.41 and its 200 day moving average is $46.13. Mitsui Mining & Smelting has a 1-year low of $13.55 and a 1-year high of $69.83.
Mitsui Mining & Smelting Company Profile
Mitsui Mining & Smelting Co, Ltd. is a Tokyo-based nonferrous metals producer and a member of the Mitsui Group. The company specializes in the smelting, refining and marketing of base metals, including copper, zinc and lead, as well as precious metals such as gold and silver. With a history spanning back to its early 20th-century origins, Mitsui Mining & Smelting has built a reputation for technical expertise in metallurgical processes and materials science.
The company’s core business segments encompass traditional metals operations and advanced functional materials.
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