ADAMANT DRI PROCESSING AND MINERALS GROU (OTCMKTS:ADMG) Sellers Increased Their Shorts By 100%

April 17, 2018 - By Elizabeth Jones

Adamant DRI Processing and Minerals Group (OTCMKTS:ADMG) Corporate Logo

ADAMANT DRI PROCESSING AND MINERALS GROU (OTCMKTS:ADMG) had an increase of its shares shorted by 100%. In April was issued ADMG’s total 1,000 shares shorted by FINRA. Previously was reported up change of 100% from 500 shares.

At traded at $0.02 lastly.Since April 17, 2017 it’s 0.00% down thus . The stock underperformed the S&P500 by 11.55%.

Adamant DRI Processing and Minerals Group produces and sells direct reduced iron for use as feedstock to steel manufacturing and processing industries in the People's Republic of China.The firm is valued at $1.34 million. It owns an iron ore concentrate production line on the Zhuolu Mine, which is located in Zhuolu County, Hebei Province.Currently it has negative earnings. The firm also intends to produce direct reduced iron using advanced reduction rotary kiln technology with iron sand as the principal raw material.

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