Zijin Mining Group Company Limited (OTCMKTS:ZIJMY) Sees Significant Decrease in Short Interest

Zijin Mining Group Company Limited (OTCMKTS:ZIJMY) was the target of a large decline in short interest in June. As of June 30th, there was short interest totalling 100 shares, a decline of 50.0% from the June 15th total of 200 shares. Based on an average daily trading volume, of 4,500 shares, the short-interest ratio is presently 0.0 days.

Zijin Mining Group Trading Down 0.5 %

Shares of Zijin Mining Group stock traded down $0.21 during trading on Friday, hitting $44.79. 500 shares of the company were exchanged, compared to its average volume of 3,614. The firm has a 50 day moving average price of $44.06 and a 200 day moving average price of $38.38. Zijin Mining Group has a fifty-two week low of $29.00 and a fifty-two week high of $50.25.

Zijin Mining Group Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, July 12th. Investors of record on Wednesday, May 22nd will be paid a $0.4486 dividend. This is an increase from Zijin Mining Group’s previous dividend of $0.10. The ex-dividend date is Tuesday, May 21st. Zijin Mining Group’s payout ratio is presently 59.33%.

Zijin Mining Group Company Profile

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.