China Gold International Resources Corp. Ltd. (OTCMKTS:JINFF – Get Free Report) saw a significant increase in short interest in July. As of July 31st, there was short interest totaling 866,827 shares, an increase of 72.6% from the July 15th total of 502,128 shares. Based on an average daily volume of 7,669 shares, the days-to-cover ratio is currently 113.0 days.
China Gold International Resources Stock Up 7.0%
OTCMKTS:JINFF traded up $1.82 during trading hours on Monday, hitting $27.83. 1,954 shares of the stock were exchanged, compared to its average volume of 6,767. The company’s 50 day moving average is $19.86 and its two-hundred day moving average is $21.52. China Gold International Resources has a twelve month low of $10.16 and a twelve month high of $31.82.
About China Gold International Resources
China Gold International Resources Corp. Ltd. is a publicly traded gold and polymetallic miner with principal operations located in the People’s Republic of China. Founded in 2006 as a subsidiary of China National Gold Group, the company is listed on the Toronto Stock Exchange and the Hong Kong Stock Exchange, and trades over the counter in the United States under the ticker JINFF. Its core business activities include the exploration, development, extraction and sale of gold, copper and silver concentrate products.
The company’s flagship asset is the Chang Shan Hao (CSH) open‐pit gold mine in Inner Mongolia.
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