Zijin Mining Group Company Limited (OTCMKTS:ZIJMY – Get Free Report) was the recipient of a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 3,624 shares, a drop of 69.6% from the April 30th total of 11,918 shares. Based on an average daily volume of 48,525 shares, the days-to-cover ratio is currently 0.1 days.
Zijin Mining Group Trading Down 1.1%
Shares of OTCMKTS:ZIJMY opened at $85.74 on Friday. Zijin Mining Group has a twelve month low of $43.52 and a twelve month high of $119.99. The company has a 50-day moving average price of $91.56 and a two-hundred day moving average price of $94.98.
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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