Zijin Mining Group Stock Today
| ZIJMF Stock | USD 2.22 0.05 2.20% |
Performance17 of 100
| Odds Of DistressLess than 32
|
Zijin Mining is trading at 2.22 as of the 19th of April 2024. This is a -2.2 percent down since the beginning of the trading day. The stock's lowest day price was 2.14. Zijin Mining has about a 32 percent probability of financial distress in the next few years of operation but had a somewhat solid performance during the last 90 days. Equity ratings for Zijin Mining Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Zijin Mining Group Company Limited, together with its subsidiaries, engages in prospecting, exploration, and mining mineral resources in Mainland China. Zijin Mining Group Company Limited was founded in 1986 and is headquartered in Longyan, the Peoples Republic of China. The company has 5.74 B outstanding shares. More on Zijin Mining Group
Moving together with Zijin Pink Sheet
| 0.7 | NEM | Newmont Goldcorp Corp Earnings Call This Week | PairCorr |
| 0.89 | ZIJMY | Zijin Mining Group | PairCorr |
| 0.95 | AEM | Agnico Eagle Mines Earnings Call This Week | PairCorr |
| 0.76 | GOLD | Barrick Gold Corp Financial Report 1st of May 2024 | PairCorr |
Moving against Zijin Pink Sheet
| 0.86 | TLK | Telkom Indonesia Tbk Financial Report 26th of April 2024 | PairCorr |
| 0.66 | TLKMF | Telkom Indonesia Tbk | PairCorr |
Follow Valuation Odds of Bankruptcy
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Zijin Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Zijin Mining's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Zijin Mining or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Xiaohua Qiu |
| Thematic Ideas | (View all Themes) |
| Business Concentration | Silver, Gold and Gold Mining, Gold, Basic Materials (View all Sectors) |
Zijin Mining Group [ZIJMF] is a Pink Sheet which is traded between independent brokers as part of over-the-counter (OTC) trading. The company currently falls under 'Large-Cap' category with a current market capitalization of 42.39 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Zijin Mining's market, we take the total number of its shares issued and multiply it by Zijin Mining's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Zijin Mining Group classifies itself under Basic Materials sector and is part of Gold industry. The entity has 5.74 B outstanding shares.
Zijin Mining Group has accumulated about 25.53 B in cash with 26.07 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.98.
Check Zijin Mining Probability Of Bankruptcy
Ownership AllocationZijin Mining Group retains a total of 5.74 Billion outstanding shares. Over half of Zijin Mining's outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Zijin Mining Group. Please watch out for any change in the institutional holdings of Zijin Mining Group as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company shows, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Zijin Ownership Details
Zijin Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Zijin Mining jumping above the current price in 90 days from now is about 5.02%. The Zijin Mining Group probability density function shows the probability of Zijin Mining pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Zijin Mining Group has a beta of -0.8347. This usually means as returns on the benchmark increase, returns on holding Zijin Mining are expected to decrease at a much lower rate. During a bear market, however, Zijin Mining Group is likely to outperform the market. Additionally, zijin Mining Group has an alpha of 0.6184, implying that it can generate a 0.62 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Zijin Mining to move above the current price in 90 days from now is about 5.02 (This Zijin Mining Group probability density function shows the probability of Zijin Pink Sheet to fall within a particular range of prices over 90 days) .
Zijin Mining Group Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Zijin Mining market risk premium is the additional return an investor will receive from holding Zijin Mining long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Zijin Mining. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Zijin Mining's alpha and beta are two of the key measurements used to evaluate Zijin Mining's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.45 | |||
| Semi Deviation | 2.47 | |||
| Standard Deviation | 3.29 | |||
| Variance | 10.85 |
Zijin Stock Against Markets
Picking the right benchmark for Zijin Mining pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Zijin Mining pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Zijin Mining is critical whether you are bullish or bearish towards Zijin Mining Group at a given time. Please also check how Zijin Mining's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Zijin Mining without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Zijin Mining Corporate Directors
Zijin Mining corporate directors refer to members of a Zijin Mining board of directors. The board of directors generally takes responsibility for the Zijin Mining's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Zijin Mining's board members must vote for the resolution. The Zijin Mining board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.How to buy Zijin Pink Sheet?
Before investing in Zijin Mining, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Zijin Mining. To buy Zijin Mining stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Zijin Mining. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Zijin Mining stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Zijin Mining Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Zijin Mining Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Zijin Mining Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Zijin Mining Group?
The danger of trading Zijin Mining Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Zijin Mining is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Zijin Mining. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Zijin Mining Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zijin Mining Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Zijin Pink Sheet analysis
When running Zijin Mining's price analysis, check to measure Zijin Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zijin Mining is operating at the current time. Most of Zijin Mining's value examination focuses on studying past and present price action to predict the probability of Zijin Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zijin Mining's price. Additionally, you may evaluate how the addition of Zijin Mining to your portfolios can decrease your overall portfolio volatility.
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