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Metallurgical Corp. of China (OTCMKTS:MLLUY) Shares Gap Down - Time to Sell?

Metallurgical Corp. of China logo with Construction background

Metallurgical Corp. of China Ltd. (OTCMKTS:MLLUY - Get Free Report)'s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $4.05, but opened at $3.82. Metallurgical Corp. of China shares last traded at $3.82, with a volume of 137 shares trading hands.

Metallurgical Corp. of China Price Performance

The company has a quick ratio of 0.91, a current ratio of 1.05 and a debt-to-equity ratio of 0.25. The stock has a 50 day moving average price of $3.80 and a two-hundred day moving average price of $3.87.

Metallurgical Corp. of China Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, August 29th. Stockholders of record on Tuesday, July 29th will be paid a $0.1092 dividend. The ex-dividend date of this dividend is Monday, July 28th. This represents a dividend yield of 2.86%. Metallurgical Corp. of China's payout ratio is presently 19.18%.

Metallurgical Corp. of China Company Profile

(Get Free Report)

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.

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