Shares of Industrias Peñoles, S.A.B. de C.V. (OTCMKTS:IPOAF – Get Free Report) rose 5% during mid-day trading on Monday . The stock traded as high as $53.00 and last traded at $53.00. Approximately 100 shares traded hands during mid-day trading, a decline of 94% from the average daily volume of 1,813 shares. The stock had previously closed at $50.50.
Industrias Peñoles Stock Down 4.6%
The business has a 50 day moving average price of $50.78 and a 200 day moving average price of $50.68.
Industrias Peñoles Company Profile
Industrias Peñoles, SAB. de C.V. (OTCMKTS: IPOAF) is a Mexico-based mining and metals company specializing in the exploration, extraction and processing of non-ferrous metals. The company’s core activities encompass the mining of silver, gold, copper, zinc and lead ores, as well as the operation of smelting and refining facilities that produce high-purity metals for industrial and commercial markets worldwide. Peñoles is widely recognized as one of the largest primary silver producers globally and maintains integrated production capabilities from mine to market.
Peñoles operates a diversified portfolio of mines and metallurgical complexes largely concentrated in Mexico, with additional exploration projects and partnerships in Latin America.
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