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New Buy Rating for China Molybdenum Co (CMCLF), the Basic Materials Giant
In a report released on January 30, from Phillip Securities maintained a Buy rating on China Molybdenum Co, with a price target of HK$26.97. The company’s shares closed last Friday at HK$22.32.
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In addition to Phillip Securities, China Molybdenum Co also received a Buy from TipRanks – Google’s Google Industrial Materials in a report issued on January 16. However, on January 14, TipRanks – Anthropic downgraded China Molybdenum Co (Other OTC: CMCLF) to a Hold.
The company has a one-year high of HK$25.24 and a one-year low of HK$4.58. Currently, China Molybdenum Co has an average volume of 44.32M.
Read More on CMCLF:
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