Zijin Mining Group Company Limited (OTCMKTS:ZIJMY) Short Interest Up 500.7% in June

Zijin Mining Group Company Limited (OTCMKTS:ZIJMY) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 13,143 shares, a growth of 500.7% from the June 15th total of 2,188 shares. Based on an average daily trading volume, of 93,366 shares, the days-to-cover ratio is currently 0.1 days.

Zijin Mining Group Price Performance

Zijin Mining Group stock traded up $0.72 during midday trading on Friday, reaching $76.37. The stock had a trading volume of 144,118 shares, compared to its average volume of 34,807. The stock’s 50-day simple moving average is $83.06 and its 200 day simple moving average is $93.67. Zijin Mining Group has a twelve month low of $50.82 and a twelve month high of $119.99.

Zijin Mining Group Company Profile

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.