Zijin Mining Group Company Limited (OTCMKTS:ZIJMY) Short Interest Update

Zijin Mining Group Company Limited (OTCMKTS:ZIJMY) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 5,100 shares, an increase of 218.8% from the August 31st total of 1,600 shares. Based on an average trading volume of 26,500 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 26,500 shares, the days-to-cover ratio is currently 0.2 days.

Zijin Mining Group Price Performance

Shares of OTCMKTS ZIJMY opened at $84.47 on Thursday. The company’s fifty day moving average is $66.70 and its 200-day moving average is $53.74. Zijin Mining Group has a twelve month low of $33.65 and a twelve month high of $86.99.

Zijin Mining Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, October 31st. Stockholders of record on Friday, September 12th will be given a dividend of $0.5034 per share. This represents a dividend yield of 161.0%. The ex-dividend date of this dividend is Thursday, September 11th. Zijin Mining Group’s dividend payout ratio (DPR) is currently 59.33%.

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.