Jiangxi Copper (OTCMKTS:JIAXF) Stock Price Down 1.7% – Here’s What Happened

Shares of Jiangxi Copper Company Limited (OTCMKTS:JIAXF) fell 1.7% during mid-day trading on Thursday . The stock traded as low as $4.58 and last traded at $4.58. 764 shares changed hands during mid-day trading, a decline of 80% from the average session volume of 3,751 shares. The stock had previously closed at $4.6601.

Jiangxi Copper Stock Down 1.7%

The company has a fifty day moving average of $5.25 and a 200-day moving average of $4.78.

Jiangxi Copper Company Profile

Jiangxi Copper Co, Ltd. is one of China’s leading integrated copper producers, engaging in the exploration, mining, smelting, refining and sale of copper and its by-products. Headquartered in Nanchang, Jiangxi Province, the company operates large-scale mining and processing facilities, including the Dexing copper mine—one of Asia’s largest open-pit copper mines. Its vertically integrated operations span the full copper value chain, from ore extraction to refined copper cathodes.

In addition to copper, Jiangxi Copper produces a range of nonferrous metal and chemical by-products, including gold, silver, molybdenum, sulfuric acid and other specialty chemicals.