Zijin Mining Group (OTCMKTS:ZIJMY) Trading Down 4.5% – Should You Sell?

Shares of Zijin Mining Group Company Limited (OTCMKTS:ZIJMYGet Free Report) dropped 4.5% during mid-day trading on Wednesday . The company traded as low as $36.25 and last traded at $36.25. Approximately 21,609 shares traded hands during mid-day trading, an increase of 462% from the average daily volume of 3,845 shares. The stock had previously closed at $37.97.

Zijin Mining Group Stock Performance

The company has a 50 day moving average of $40.54 and a 200-day moving average of $41.17.

About Zijin Mining Group

(Get Free Report)

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.

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