Zijin Mining Group Company Limited (OTCMKTS:ZIJMY – Get Free Report) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 40,560 shares, a growth of 208.6% from the June 30th total of 13,143 shares. Based on an average trading volume of 110,167 shares, the days-to-cover ratio is currently 0.4 days.
Zijin Mining Group Stock Down 0.5%
Shares of OTCMKTS ZIJMY opened at $82.43 on Tuesday. The firm’s 50 day simple moving average is $79.66 and its 200-day simple moving average is $92.73. Zijin Mining Group has a 12 month low of $51.35 and a 12 month high of $119.99.
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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