Zijin Mining Group Company Limited (OTCMKTS:ZIJMY – Get Free Report) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 11,299 shares, a growth of 110.8% from the August 15th total of 5,361 shares. Based on an average daily volume of 26,818 shares, the days-to-cover ratio is presently 0.4 days.
Zijin Mining Group Trading Down 3.1%
Shares of OTCMKTS:ZIJMY opened at $85.48 on Wednesday. Zijin Mining Group has a one year low of $69.80 and a one year high of $119.99. The company has a 50 day moving average of $87.73 and a 200-day moving average of $88.83.
Zijin Mining Group Company Profile
Zijin Mining Group Co, Ltd. (OTCMKTS: ZIJMY) is a China-based mining company primarily engaged in the exploration, mining, smelting and refining of gold, copper, zinc, lead and other precious metals. Founded in 1986 and headquartered in Fujian Province, the company has grown into one of the world’s largest gold producers, with integrated operations spanning the full value chain from resource development to metal processing.
The company’s core business activities encompass mineral exploration, underground and open-pit mining, ore processing and concentrate smelting.
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