OZ Minerals (OTCMKTS:OZMLF) Trading 3% Higher

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OZ Minerals Limited (OTCMKTS:OZMLF)’s share price traded up 3% during mid-day trading on Monday . The stock traded as high as $20.03 and last traded at $19.93. 801 shares were traded during mid-day trading, an increase of 10% from the average session volume of 727 shares. The stock had previously closed at $19.34.

Separately, JPMorgan Chase & Co. cut shares of OZ Minerals from an “overweight” rating to a “neutral” rating and set a $26.00 target price for the company. in a report on Tuesday, September 14th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $26.00.

The firm’s fifty day moving average price is $18.77 and its two-hundred day moving average price is $17.51.

About OZ Minerals (OTCMKTS:OZMLF)

OZ Minerals Ltd. is a copper-focused international company. It operates through the following segments: Prominent Hill, Carrapateena, Carajás, Exploration & Development and Corporate. The Prominent Hill segment engages in the mining and processing high grade underground ore containing copper, gold and silver along with open pit ore from stockpiles.

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