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Kingold Jewelry, Inc. (KGJI)

Other OTC - Other OTC Delayed Price. Currency in USD
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0.1500+0.0239 (+18.95%)
At close: 3:47PM EDT
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Neutralpattern detected
Previous Close0.1261
Open0.1241
Bid0.0000 x 800
Ask0.0000 x 2200
Day's Range0.1240 - 0.1695
52 Week Range0.1100 - 3.0000
Volume40,345
Avg. Volume312,003
Market Cap1.687M
Beta (5Y Monthly)-0.14
PE Ratio (TTM)0.37
EPS (TTM)0.4050
Earnings DateJun 29, 2020 - Jun 30, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateJun 26, 2014
1y Target EstN/A
  • GlobeNewswire

    The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Kingold Jewelry, Inc. (KGJI)

    LOS ANGELES, Aug. 31, 2020 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz reminds investors of the upcoming August 31, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who Kingold Jewelry, Inc. ("Kingold" or "the Company") (OTC: KGJI) securities between March 15, 2018 and June 28, 2020, inclusive (the “Class Period”). If you are a shareholder who suffered a loss, click here to participate.On June 29, 2020, multiple news outlets reported that Kingold may have used counterfeit gold as collateral to secure loans from more than a dozen Chinese financial institutions.On this news, Kingold’s share price fell $0.27 per share, or more than 24%, to close at $0.85 per share on June 29, 2020, thereby injuring investors.The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that Kingold used fake gold as collateral to fraudulently secure loans; (2) that consequently, the Company would face creditor lawsuits and be delisted from the Shanghai Gold Exchange; and (3) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.Follow us for updates on Twitter: twitter.com/FRC_LAW.If you purchased or otherwise acquired Kingold securities during the Class Period, you may move the Court no later than August 31, 2020 to request appointment as lead plaintiff in this putative class action lawsuit.  To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.  If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com.  If you inquire by email please include your mailing address, telephone number, and number of shares purchased.This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.Contacts The Law Offices of Frank R. Cruz, Los Angeles Frank R. Cruz, 310-914-5007 fcruz@frankcruzlaw.com www.frankcruzlaw.com

  • FINAL DEADLINE TODAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Kingold Jewelry, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
    ACCESSWIRE

    FINAL DEADLINE TODAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Kingold Jewelry, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

    LOS ANGELES, CA / ACCESSWIRE / August 31, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Kingold Jewelry, Inc.

  • ACCESSWIRE

    KGJI Final Deadline: Bronstein, Gewirtz & Grossman, LLC Reminds Kingold Jewelry, Inc. Investors of Class Action and Lead Plaintiff Deadline: August 31, 2020

    NEW YORK, NY / ACCESSWIRE / August 31, 2020 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against Kingold Jewelry, Inc.