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

Zijin Mining Group Company Limited (OTCMKTS:ZIJMY) was the target of a large drop in short interest in February. As of February 28th, there was short interest totalling 1,200 shares, a drop of 93.4% from the February 13th total of 18,200 shares. Based on an average daily trading volume, of 13,000 shares, the days-to-cover ratio is currently 0.1 days.

Zijin Mining Group Price Performance

ZIJMY stock opened at $41.40 on Thursday. The company’s fifty day moving average price is $39.42 and its 200-day moving average price is $40.17. Zijin Mining Group has a one year low of $34.88 and a one year high of $50.25.

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.