Shares of Jiangxi Copper Company Limited (OTCMKTS:JIAXF – Get Free Report) were down 0.9% during mid-day trading on Friday . The stock traded as low as $5.70 and last traded at $5.70. Approximately 900 shares traded hands during trading, a decline of 80% from the average daily volume of 4,559 shares. The stock had previously closed at $5.75.
Jiangxi Copper Trading Down 0.9%
The firm has a 50-day moving average price of $5.47 and a 200 day moving average price of $4.23.
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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