Dowa (OTCMKTS:DWMNF) Shares Up 36.8% – Here’s Why

Shares of Dowa Holdings Co., Ltd. (OTCMKTS:DWMNF) traded up 36.8% on Thursday . The stock traded as high as $65.42 and last traded at $65.42. 100 shares changed hands during mid-day trading, a decline of 60% from the average session volume of 250 shares. The stock had previously closed at $47.81.

Dowa Price Performance

The business’s fifty day simple moving average is $47.43 and its 200 day simple moving average is $38.52.

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.