Zijin Mining up 5% today (ZIJMY) A Clue?
Whenever a stock price goes up or down 5% or more, it gives me an indication that it may be useful to examine the stock more closely to find a clue as to why more investors or investor groups are buying it. When a stock price rises it is because there are more buyers of the stock and it sends me on a course to find a clue as to why?
Click the link below to take you to the company’s website where you can find out more!
I will be looking into clues in the next week so stay tuned here to see what I can uncover!
I personally have owned this stock in the past because I previously made money with mining stocks and this one was on my research and purchase list a few years ago. Stay tuned!
Today’s closing price on ZIJMY was $31.78 up $1.56 (5.17%). This is an OTC Pink stock OTC is for “Over The Counter” and it cannot be traded after hours as regular stocks can be. I will share more details to help you understand OTC stocks in the coming week.
What I do quickly see is they have declared a dividend that was payable on Feb 2, 20245 of $0.1404 which is 14 cents a share.
Stay tuned and I will walk you through how I search for clues and use this stock to illustrate my methodology.
Remember to always check with your licensed finance professional before making any investment decisions. Do own your due diligence and understand what you are buying and why? This website and all its contents are intended for educational and entertainment only and do not suggest, or advise anyone to purchase, invest with or sell any stocks.
