Zijin Mining Group Company Limited (OTCMKTS:ZIJMY – Get Free Report) was the target of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 2,913 shares, a drop of 66.5% from the September 30th total of 8,696 shares. Based on an average daily trading volume, of 37,805 shares, the short-interest ratio is presently 0.1 days.
Zijin Mining Group Stock Down 2.2%
OTCMKTS:ZIJMY opened at $71.78 on Friday. Zijin Mining Group has a fifty-two week low of $69.80 and a fifty-two week high of $119.99. The stock’s 50-day moving average is $85.37 and its two-hundred day moving average is $90.56.
About Zijin Mining Group
Zijin Mining Group Co, Ltd. is a China-based international mining company engaged in the exploration, development, production and processing of mineral resources. Its principal products include gold, copper and zinc, and the company also has activities involving silver, lithium and other mineral resources. Operations span the mining value chain, including geological exploration, mine development, mineral processing and, in some cases, smelting and refining.
Founded in Fujian Province, China, Zijin has expanded from a domestic mining enterprise into a global resources group.
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