InZinc Mining (CVE:IZN) Shares Down 16.7% – Here’s What Happened

by · The Cerbat Gem

Shares of InZinc Mining Ltd. (CVE:IZN – Get Free Report) fell 16.7% during trading on Friday . The stock traded as low as C$0.05 and last traded at C$0.05. 221,108 shares were traded during trading, an increase of 48% from the average session volume of 149,239 shares. The stock had previously closed at C$0.06.

InZinc Mining Price Performance

The firm’s 50 day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.03. The firm has a market capitalization of C$6.17 million, a P/E ratio of -5.00 and a beta of 1.82.

InZinc Mining Company Profile

(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.

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