Zijin Mining Group Company Limited (OTCMKTS:ZIJMY) Sees Significant Growth in Short Interest

Zijin Mining Group Company Limited (OTCMKTS:ZIJMYGet Free Report) saw a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 13,143 shares, a growth of 500.7% from the June 15th total of 2,188 shares. Based on an average trading volume of 93,366 shares, the days-to-cover ratio is presently 0.1 days.

Zijin Mining Group Stock Performance

OTCMKTS:ZIJMY traded up $0.72 on Friday, reaching $76.37. 144,118 shares of the stock traded hands, compared to its average volume of 34,807. Zijin Mining Group has a 1-year low of $50.82 and a 1-year high of $119.99. The company’s 50 day moving average is $83.06 and its 200-day moving average is $93.67.

Zijin Mining Group Company Profile

(Get Free Report)

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.

Further Reading

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