Zijin Mining Group Company Limited (OTCMKTS:ZIJMY – Get Free Report) was the target of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 12,862 shares, an increase of 254.9% from the May 14th total of 3,624 shares. Based on an average daily volume of 36,720 shares, the short-interest ratio is presently 0.4 days.
Zijin Mining Group Stock Down 4.5%
Shares of Zijin Mining Group stock opened at $74.64 on Thursday. Zijin Mining Group has a 12 month low of $47.91 and a 12 month high of $119.99. The business has a fifty day simple moving average of $90.56 and a 200 day simple moving average of $94.92.
About Zijin Mining Group
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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