China Gold International Resources Corp. Ltd. (OTCMKTS:JINFF – Get Free Report) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 378,996 shares, a drop of 37.5% from the September 30th total of 606,268 shares. Based on an average daily volume of 2,491 shares, the short-interest ratio is currently 152.1 days.
China Gold International Resources Price Performance
Shares of China Gold International Resources stock remained flat at $21.71 during trading on Monday. 6,470 shares of the company traded hands, compared to its average volume of 6,270. The business’s 50 day moving average price is $29.40 and its two-hundred day moving average price is $23.89. China Gold International Resources has a 52 week low of $15.26 and a 52 week high of $35.50.
About China Gold International Resources
China Gold International Resources Corp. Ltd. is a Canadian-based mining company focused on the acquisition, development, and operation of mineral properties in China. The company primarily produces gold and copper, with additional by-products associated with its polymetallic operations.
Its principal assets include the CSH Gold Mine in Inner Mongolia and the Jiama Copper-Gold Polymetallic Mine in the Tibet Autonomous Region. The CSH operation produces gold, while Jiama produces copper concentrates that may contain gold, silver, molybdenum, and other valuable minerals.
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