Zhaojin Mining Industry Company Limited (OTCMKTS:ZHAOF) Short Interest Update

Zhaojin Mining Industry Company Limited (OTCMKTS:ZHAOF) was the target of a large decrease in short interest in July. As of July 31st, there was short interest totaling 4,858,362 shares, a decrease of 58.4% from the July 15th total of 11,683,900 shares. Based on an average daily volume of 675 shares, the days-to-cover ratio is presently 7,197.6 days.

Zhaojin Mining Industry Price Performance

OTCMKTS ZHAOF opened at $2.06 on Monday. Zhaojin Mining Industry has a 12-month low of $2.06 and a 12-month high of $4.40. The company has a fifty day simple moving average of $2.10 and a two-hundred day simple moving average of $3.27.

About Zhaojin Mining Industry

Zhaojin Mining Industry Company Limited operates as one of China’s leading gold producers, focusing on the exploration, mining, processing and sale of gold and associated precious metals. Headquartered in Zhaoyuan City, Shandong Province, the company’s core activities include underground and open-pit mining, ore beneficiation and refinery operations. Its product portfolio primarily consists of gold dore bars and gold concentrates, along with by-product silver, which it sells to industrial customers and trading houses both domestically and abroad.

The company maintains a network of mines and processing facilities across Shandong Province, where it applies conventional mining techniques alongside modern beneficiation methods such as carbon-in-pulp (CIP) and flotation to optimize recovery rates.