In the Zone

SHZ - China Shen Zhou Mining & Resources, Inc.

China Shen Zhou Mining & Resources, Inc., through its subsidiaries, engages in exploring, developing, mining, processing, and distributing fluorite ore, zinc, copper, lead, and other nonferrous metals.

The company owns two properties under production, including Sumochaganaobao fluorite mine in Siziwangqi of Inner Mongolia autonomous region and Qingxing copper mine in Wulatehouqi of Inner Mongolia autonomous region; and owns one property under development, including Keyinbulake copper-zinc multi-metal mine in Aletai of Xinjiang Uygur autonomous region in the People's Republic of China. The company is based in Beijing, the People's Republic of China.

China Shen Zhou Mining is currently above its 5, 10, 32, 50 and 200 week moving averages. The stocks ended the week trading at $3.08 +0.39 or 14.50% on heavier than average volume of 6.69 million. The average weekly trading volume for the company is 1.98 million.

Please keep (SHZ) China Shen Zhou Mining & Resources on your watchlist for a possible price move above the $3.35 area going forward. This is not a buy reccomendation for Randgold Resouces please do your own due siligence or get help from a professional before investing.

By: Marlin Rolle
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