KGHM Polska Miedz S.A. (OTCMKTS:KGHPF – Get Free Report) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 6,787 shares, a drop of 93.7% from the August 15th total of 107,767 shares. Based on an average daily trading volume, of 13 shares, the short-interest ratio is currently 522.1 days.
KGHM Polska Miedz Stock Performance
Shares of OTCMKTS:KGHPF remained flat at $92.91 on Friday. 803 shares of the stock traded hands, compared to its average volume of 995. KGHM Polska Miedz has a 1-year low of $38.87 and a 1-year high of $107.55. The stock has a fifty day moving average price of $80.50 and a 200 day moving average price of $84.49.
KGHM Polska Miedz Company Profile
KGHM Polska Miedz (OTCMKTS: KGHPF) is a leading Polish mining and metallurgical company specializing in the extraction and processing of copper and precious metals. Headquartered in Lubin, Poland, the company operates an integrated business model that spans exploration, mining, smelting and refining. KGHM is known for producing copper cathodes, wire rod and a range of semi‐finished copper products, along with significant volumes of silver, gold and other byproducts such as molybdenum and nickel.
The company’s core operations are anchored in the Legnica‐Głogów Copper Belt in southwestern Poland, where it runs several underground and open-pit mines.
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