Zhaojin Mining Industry (ZHAOF) Expected to Post Quarterly Earnings on Thursday

Zhaojin Mining Industry (OTCMKTS:ZHAOF) is expected to be issuing its resultson Thursday, October 15th. Analysts expect the company to post earnings of $0.0203 per share and revenue of $573.17 million for the quarter.

Zhaojin Mining Industry Price Performance

ZHAOF stock opened at $2.55 on Tuesday. The company has a 50-day simple moving average of $2.34 and a 200 day simple moving average of $2.79. Zhaojin Mining Industry has a fifty-two week low of $2.06 and a fifty-two week high of $4.40.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group cut shares of Zhaojin Mining Industry to a “neutral” rating in a research note on Wednesday, September 2nd. One analyst has rated the stock with a Hold rating. Based on data from MarketBeat, Zhaojin Mining Industry has a consensus rating of “Hold”.

Zhaojin Mining Industry Company Profile

Zhaojin Mining Industry Co, Ltd. is a China-based mining company primarily engaged in the exploration, mining, processing, smelting and sale of gold. The company also has interests in other non-ferrous metal resources, including copper and silver, through its mining operations and investments.

Headquartered in Zhaoyuan, Shandong Province, a major gold-producing region in China, Zhaojin Mining operates and invests in mineral projects principally within China. Its activities span the mining value chain, from geological exploration and mine development to mineral processing, refining and the marketing of gold products.

Established in 2004, Zhaojin Mining is associated with the broader Zhaojin Group and has expanded its resource base through acquisitions, development projects and strategic investments.