Industrias Peñoles (OTCMKTS:IPOAF) Stock Price Down 1.7%

Shares of Industrias Peñoles, S.A.B. de C.V. (OTCMKTS:IPOAF) traded down 1.7% on Thursday . The company traded as low as $17.16 and last traded at $17.16. 180 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 10,819 shares. The stock had previously closed at $17.45.

Separately, Morgan Stanley lowered Industrias Peñoles from an “overweight” rating to an “equal weight” rating in a report on Thursday, December 10th.

The business has a 50 day moving average price of $16.55 and a 200 day moving average price of $15.08.

About Industrias Peñoles (OTCMKTS:IPOAF)

Industrias Peñoles, SAB. de C.V., together with its subsidiaries, engages in the exploration, extraction, and sale of mineral concentrates and ores in Mexico and internationally. It operates through Precious Metals, Base Metals, Metallurgical, and Other segments. The company is also involved in the smelting and refining of non-ferrous metals.

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