Zhaojin Mining Industry Company Limited (OTCMKTS:ZHAOF – Get Free Report) was the target of a significant growth in short interest in May. As of May 29th, there was short interest totaling 13,087,746 shares, a growth of 3,625.7% from the May 14th total of 351,284 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.
Zhaojin Mining Industry Stock Performance
OTCMKTS:ZHAOF remained flat at $2.96 during trading hours on Tuesday. Zhaojin Mining Industry has a one year low of $2.45 and a one year high of $4.40. The firm has a 50 day simple moving average of $3.80 and a 200 day simple moving average of $3.85.
Zhaojin Mining Industry Company Profile
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.
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