Zijin Mining Group Company Limited (OTCMKTS:ZIJMY – Get Free Report) was the target of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 3,624 shares, a decline of 69.6% from the April 30th total of 11,918 shares. Based on an average daily trading volume, of 48,525 shares, the short-interest ratio is presently 0.1 days.
Zijin Mining Group Trading Down 2.0%
Shares of ZIJMY opened at $84.05 on Friday. The firm has a fifty day simple moving average of $91.42 and a two-hundred day simple moving average of $94.90. Zijin Mining Group has a 1-year low of $43.52 and a 1-year high of $119.99.
About Zijin Mining Group
Zijin Mining Group Co, Ltd. (OTCMKTS: ZIJMY) is a China-based mining company primarily engaged in the exploration, mining, smelting and refining of gold, copper, zinc, lead and other precious metals. Founded in 1986 and headquartered in Fujian Province, the company has grown into one of the world’s largest gold producers, with integrated operations spanning the full value chain from resource development to metal processing.
The company’s core business activities encompass mineral exploration, underground and open-pit mining, ore processing and concentrate smelting.
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