Jiangxi Copper (OTCMKTS:JIAXF) Stock Price Up 6.2% – Still a Buy?

Jiangxi Copper Company Limited (OTCMKTS:JIAXFGet Free Report)’s share price was up 6.2% during trading on Wednesday . The stock traded as high as $4.80 and last traded at $4.80. Approximately 749 shares traded hands during trading, a decline of 79% from the average session volume of 3,632 shares. The stock had previously closed at $4.52.

Jiangxi Copper Trading Up 6.2%

The business has a 50-day moving average of $4.21 and a 200 day moving average of $4.81.

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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