Short Interest in Zijin Mining Group Company Limited (OTCMKTS:ZIJMY) Drops By 72.4%

Zijin Mining Group Company Limited (OTCMKTS:ZIJMY) was the target of a large decline in short interest in September. As of September 30th, there was short interest totalling 1,600 shares, a decline of 72.4% from the September 15th total of 5,800 shares. Based on an average daily volume of 9,700 shares, the days-to-cover ratio is currently 0.2 days.

Zijin Mining Group Price Performance

Shares of OTCMKTS:ZIJMY opened at $42.70 on Friday. Zijin Mining Group has a fifty-two week low of $29.25 and a fifty-two week high of $50.25. The company’s 50-day moving average is $40.76 and its 200 day moving average is $42.50.

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.