Dowa (OTCMKTS:DWMNF) Stock Price Up 46.1% – Still a Buy?
by Tristan Rich · The Markets DailyDowa Holdings Co., Ltd. (OTCMKTS:DWMNF – Get Free Report)’s share price was up 46.1% on Wednesday . The stock traded as high as $46.73 and last traded at $46.73. Approximately 100 shares changed hands during mid-day trading, a decline of 84% from the average daily volume of 640 shares. The stock had previously closed at $31.9915.
Dowa Trading Up 46.1%
The stock’s 50-day simple moving average is $34.04 and its 200-day simple moving average is $33.64.
About Dowa
Dowa Holdings Co, Ltd., trading as DWMNF on the OTC Markets in the U.S., is a Japanese industrial firm specializing in the production and processing of nonferrous metals, electronic materials and environmental services. The company’s nonferrous metals division mines, smelts and refines copper, zinc, lead and precious metals, supplying raw and processed materials to industries such as automotive, telecommunications and construction. Through in-house smelting and refining facilities, Dowa also recycles metal-bearing scrap and electronic waste to recover valuable metals and reduce environmental impact.
Beyond metals, Dowa operates an electronics materials segment that manufactures high-purity copper, aluminum and specialty alloys, along with sputtering targets, plating solutions and ceramic components for semiconductors, flat-panel displays and electronic devices.