Market Overview

China Shen Zhou Mining & Resources Soars 20% To 52-Week High (SHZ)

Shares of China Shen Zhou Mining & Resources, Inc. (AMEX: SHZ) are trading up 20.6% at $4.56 per share during the Monday afternoon trading session.

The day's range for shares of China Shen Zhou Mining & Resources, Inc has been between $4.03 and a 52-week high of $4.78 per share.

Volume of 4.2 million shares is already more than triple the daily average volume of 1.2 million shares.

China Shen Zhou Mining & Resources, Inc., through its subsidiaries, is engaged in the exploration, development, mining, and processing of fluorite and nonferrous metals such as zinc, lead and copper in China.

The company has the following principal areas of interest in China: (a) fluorite extraction and processing in the Sumochaganaobao region of Inner Mongolia; (b)zinc/copper/lead exploration, mining and processing in Wulatehouqi of Inner Mongolia; and (c) zinc/copper exploration, mining and processing in Xinjiang.

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Posted-In: News Global Movers

 

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