Is ZIJIN MINING GROUP CO LTD ORDINARY SHARE (OTCMKTS:ZIJMF)’s Fuel Running High? Reports Show Less Sellers

June 16, 2018 - By Vivian Park

The stock of ZIJIN MINING GROUP CO LTD ORDINARY SHARE (OTCMKTS:ZIJMF) registered a decrease of 90.41% in short interest. ZIJMF’s total short interest was 1.58 million shares in June as published by FINRA. Its down 90.41% from 16.52M shares, reported previously. With 7,700 shares average volume, it will take short sellers 206 days to cover their ZIJMF’s short positions. The short interest to ZIJIN MINING GROUP CO LTD ORDINARY SHARE’s float is 0.01%.

The stock decreased 1.70% or $0.01 during the last trading session, reaching $0.44. About 1,200 shares traded. Zijin Mining Group Company Limited (OTCMKTS:ZIJMF) has 0.00% since June 16, 2017 and is . It has underperformed by 12.57% the S&P500.

Zijin Mining Group Company Limited engages in the exploration, mining, processing, refining, production, and sale of gold, other non-ferrous metals, and other mineral resources in Mainland China. The company has market cap of $13.45 billion. The firm primarily produces gold bullion; gold, copper, zinc, tungsten, lead, and iron concentrates; and copper cathodes, zinc bullion, vitriol, copperplate, silver, tin, etc. It has a 17.6 P/E ratio. It owns 235 mining rights covering a total area of 771.27 square kilometers; and 202 exploration rights covering a total area of 2,768.05 square kilometers.

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