Shares of rare earth miner China Shen Zhou Mining & Resources SHZ have surged more than 21% on Friday after opening lower. Volume has been heavy with more than 3.6 million SHZ shares already trading hands on the session. Year-to-date, SHZ has lost nearly 50%, but the stock is up around 223% over the last year.
China Shen Zhou Mining & Resources, Inc. (CSZM) is engaged in the exploration, development, mining and processing of fluorite, zinc, lead, copper, and other nonferrous metals in the People's Republic of China.
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