Short Interest in Metallurgical Co. of China Ltd. (OTCMKTS:MLLUY) Declines By 14.3%

Metallurgical Co. of China Ltd. (OTCMKTS:MLLUY) was the target of a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 600 shares, a drop of 14.3% from the December 15th total of 700 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 6.0 days.

Metallurgical Co. of China Stock Performance

OTCMKTS:MLLUY remained flat at $3.81 during mid-day trading on Thursday. The stock has a market capitalization of $3.95 billion, a price-to-earnings ratio of 5.22 and a beta of 0.54. Metallurgical Co. of China has a 12-month low of $3.69 and a 12-month high of $4.65. The business has a 50 day simple moving average of $3.98 and a two-hundred day simple moving average of $3.71.

Metallurgical Co. of China (OTCMKTS:MLLUY) last released its quarterly earnings data on Tuesday, October 29th. The company reported $0.36 earnings per share (EPS) for the quarter. The firm had revenue of $15.89 billion during the quarter. Metallurgical Co. of China had a return on equity of 3.19% and a net margin of 0.95%.

About Metallurgical Co. of China

Metallurgical Corporation of China Ltd., together with its subsidiaries, engages in the engineering contracting, property development, equipment manufacture, and resource development businesses in China and internationally. The company’s Engineering Contracting segment offers engineering, construction, and other related contracting services for metallurgical and non-metallurgical projects.