Jiangxi Copper Company Limited (OTCMKTS:JIAXF – Get Free Report) shot up 6.2% during trading on Wednesday . The stock traded as high as $4.80 and last traded at $4.80. Approximately 749 shares changed hands during trading, a decline of 79% from the average daily volume of 3,632 shares. The stock had previously closed at $4.52.
Jiangxi Copper Stock Performance
The stock’s 50-day moving average is $4.22 and its 200 day moving average is $4.80.
Jiangxi Copper Company Profile
Jiangxi Copper Co, Ltd. is one of China’s leading integrated copper producers, engaging in the exploration, mining, smelting, refining and sale of copper and its by-products. Headquartered in Nanchang, Jiangxi Province, the company operates large-scale mining and processing facilities, including the Dexing copper mine—one of Asia’s largest open-pit copper mines. Its vertically integrated operations span the full copper value chain, from ore extraction to refined copper cathodes.
In addition to copper, Jiangxi Copper produces a range of nonferrous metal and chemical by-products, including gold, silver, molybdenum, sulfuric acid and other specialty chemicals.
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