China GengSheng Minerals Shares Surge 20.8% (CHGS)

Shares of China GengSheng Minerals, Inc. CHGS are trading up 20.8% at $5.05 per share during the Friday morning trading session. The day's trading range for shares of China GengSheng Minerals, Inc has been between $4.51 and $5.25 per share. Analysts covering China GengSheng Minerals, Inc. (CHGS) stock give it a consensus price target of $2.37 per share. Trading volume for China GengSheng Minerals, Inc has been extremely heavy, with 8.5 million shares having been traded today, nearly 9 times the daily average volume of 987,000 shares. China GengSheng Minerals, Inc Minerals, Inc. develops, manufactures and markets a broad range of high-tech industrial material products, including monolithic refractories, industrial ceramics, fracture proppants and fine precision abrasives. China GengSheng Minerals, Inc sells its products primarily to the iron and steel industry as heat-resistant components for steel-making furnaces, industrial kilns and other high-temperature vessels to guarantee and improve the productivity of those expensive pieces of equipment, while reducing their consumption of energy. Read more from Benzinga's Company news.