Metallurgical traded at 3.05 this Friday February 6th, decreasing 0.01 or 0.33 percent since the previous trading session. Looking back, over the last four weeks, Metallurgical lost 0.65 percent. Over the last 12 months, its price fell by 2.87 percent. Looking ahead, we forecast Metallurgical to be priced at 3.06 by the end of this quarter and at 2.86 in one year, according to Trading Economics global macro models projections and analysts expectations.
Metallurgical Corporation of China Ltd. is a China-based company principally engaged in the engineering construction related businesses. The Company’s businesses mainly include the engineering contracting, real estate development, resources development and equipment manufacturing. The Company's engineering contracting businesses mainly include the metallurgical engineering, municipal engineering, transportation facilities and urban infrastructure construction, among others. Its real estate development businesses mainly include the development and construction of commercial and residential real estates. Its resource development businesses mainly include the mining and processing of iron, copper, nickel, lead and zinc, among others. Its equipment manufacturing businesses mainly include the manufacturing of metallurgical equipments and steel structures.