InZinc Mining (CVE:IZN) Trading Up 30% – Time to Buy?

InZinc Mining Ltd. (CVE:IZN – Get Free Report) shot up 30% during trading on Monday . The stock traded as high as C$0.07 and last traded at C$0.07. 103,100 shares traded hands during mid-day trading, a decline of 31% from the average session volume of 148,884 shares. The stock had previously closed at C$0.05.

InZinc Mining Stock Performance

The company has a 50 day moving average of C$0.04 and a 200 day moving average of C$0.03. The stock has a market capitalization of C$8.02 million, a price-to-earnings ratio of -6.50 and a beta of 1.82.

About InZinc Mining

(Get Free Report)

InZinc Mining Ltd. acquires, explores for, and develops mineral properties in the United States and Canada. It primarily explores for zinc, copper, and indium deposits. The company holds a 100% interest in the Indy project comprising an area of 19,000 hectares located in Central British Colombia; and the West Desert Property located in Utah, the United States.

Read More

• Five stocks we like better than InZinc Mining
• Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
• Up Over 20% in 2025, These 3 Stocks Are Boosting Buyback Capacity
• What is a Death Cross in Stocks?
• Congress Beat the Market Again—Here Are the 3 Stocks They Bought
• 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
• Go on a Shopping Spree With 3 Top Retail ETFs