China Shen Zhou Mining & Resources Soars 20% (SHZ)

Shares of China Shen Zhou Mining & Resources, Inc. SHZ are currently up 20% at $5.46 per share during Tuesday afternoon trading. The stock prices of companies dealing in rare earth metals have been soaring today because China has lowered its export quotas for the resources that are required to manufacture all sorts of high-tech goods. Today's trading range for shares of China Shen Zhou Mining & Resources, Inc has been between $4.83 and a 52-week high of $5.88 per share. Volume of 6.9 million shares is already far above the daily average volume of 1.6 million shares. China Shen Zhou Mining & Resources, Inc. (SHZ), through its subsidiaries, is engaged in the exploration, development, mining, and processing of fluorite and nonferrous metals such as zinc, lead and copper in China. Read more from Benzinga's Company news.