Jiangxi Copper (OTCMKTS:JIAXF) Trading 11.4% Higher – Here’s What Happened

Jiangxi Copper Company Limited (OTCMKTS:JIAXFGet Free Report)’s share price traded up 11.4% during mid-day trading on Thursday . The company traded as high as $5.2480 and last traded at $5.2480. 4,193 shares were traded during mid-day trading, an increase of 13% from the average session volume of 3,697 shares. The stock had previously closed at $4.71.

Jiangxi Copper Price Performance

The stock’s 50-day moving average price is $4.82 and its 200-day moving average price is $4.92.

Jiangxi Copper Company Profile

(Get Free Report)

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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