Zijin Mining Group Company Limited (OTCMKTS:ZIJMY) Sees Significant Decrease in Short Interest

Zijin Mining Group Company Limited (OTCMKTS:ZIJMY) was the recipient of a significant decrease in short interest in January. As of January 15th, there was short interest totalling 3,400 shares, a decrease of 66.0% from the December 31st total of 10,000 shares. Based on an average daily trading volume, of 40,200 shares, the days-to-cover ratio is presently 0.1 days.

Zijin Mining Group Trading Up 1.3 %

Shares of Zijin Mining Group stock traded up $0.48 during trading hours on Thursday, reaching $38.51. The company’s stock had a trading volume of 9,357 shares, compared to its average volume of 72,110. Zijin Mining Group has a one year low of $30.22 and a one year high of $50.25. The company’s 50 day simple moving average is $38.11 and its 200 day simple moving average is $40.22.

Zijin Mining Group Company Profile

Zijin Mining Group Company Limited, together with its subsidiaries, engages in the exploration, mining, processing, refining, and sale of gold, non-ferrous metals, and other mineral resources in Mainland China and internationally. It primarily produces gold bullion; gold, copper, zinc, lead, tungsten, and iron ore concentrates; and copper cathodes, zinc bullion, sulphuric acid, copperplate, silver, iron, etc., as well as molybdenum, cobalt, tin, coal, lithium, platinum, and palladium.