Zijin Mining Group Company Limited (OTCMKTS:ZIJMY) Sees Large Increase in Short Interest

Zijin Mining Group Company Limited (OTCMKTS:ZIJMY) was the recipient of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 92,300 shares, an increase of 2,614.7% from the January 15th total of 3,400 shares. Based on an average trading volume of 194,100 shares, the days-to-cover ratio is currently 0.5 days.

Zijin Mining Group Stock Up 1.3 %

Shares of Zijin Mining Group stock traded up $0.54 during trading on Wednesday, reaching $42.59. 8,813 shares of the company were exchanged, compared to its average volume of 65,626. Zijin Mining Group has a twelve month low of $31.78 and a twelve month high of $50.25. The business has a 50-day moving average price of $38.46 and a 200-day moving average price of $39.96.

About Zijin Mining Group

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.