Jiangxi Copper Company Limited (OTCMKTS:JIAXF – Get Free Report) shares dropped 2.9% during trading on Thursday . The stock traded as low as $5.8046 and last traded at $5.8046. Approximately 15,757 shares traded hands during mid-day trading, an increase of 162% from the average daily volume of 6,014 shares. The stock had previously closed at $5.98.
Jiangxi Copper Trading Down 2.9%
The stock’s fifty day simple moving average is $4.97 and its 200-day simple moving average is $3.83.
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.
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