Metallurgical Corp. of China (OTCMKTS:MLLUY) Shares Gap Up Following Dividend Announcement

Metallurgical Corp. of China Ltd. (OTCMKTS:MLLUY - Get Free Report)'s stock price gapped up before the market opened on Monday after the company announced a dividend. The stock had previously closed at $3.82, but opened at $4.02. Metallurgical Corp. of China shares last traded at $4.02, with a volume of 104 shares.

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

Metallurgical Corp. of China Price Performance

The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.92 and a current ratio of 1.04. The company's 50-day moving average price is $3.80 and its 200-day moving average price is $3.87.

Metallurgical Corp. of China Company Profile

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.