Zijin Mining Group Company Limited (OTCMKTS:ZIJMY – Get Free Report) was the target of a significant drop in short interest in September. As of September 15th, there was short interest totaling 5,885 shares, a drop of 47.9% from the August 31st total of 11,299 shares. Based on an average trading volume of 63,952 shares, the days-to-cover ratio is presently 0.1 days.
Zijin Mining Group Stock Up 1.7%
Shares of OTCMKTS:ZIJMY opened at $81.86 on Wednesday. The business’s 50 day moving average price is $89.46 and its 200-day moving average price is $87.28. Zijin Mining Group has a 1 year low of $69.80 and a 1 year high of $119.99.
About Zijin Mining Group
Zijin Mining Group Co, Ltd. is a China-based multinational mining company engaged in the exploration, development, production, processing and sale of mineral resources. Its principal products include gold, copper, zinc and silver, and the company has also expanded into lithium and other strategic mineral resources. Its operations include mining, smelting, refining and related engineering and technical services.
The company traces its origins to the development of the Zijinshan gold mine in Fujian Province, China.
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