ScoZinc Mining (CVE:SZM) Stock Jumps 1.6% – Still a Buy?

ScoZinc Mining Ltd. (CVE:SZM – Get Free Report) shot up 1.6% during trading on Tuesday. The company traded as high as C$0.64 and last traded at C$0.64. 1,500 shares were traded during mid-day trading, a decline of 64% from the average daily volume of 4,120 shares. The stock had previously closed at C$0.63.

ScoZinc Mining Stock Up 1.6%

The company has a market capitalization of C$11.46 million and a price-to-earnings ratio of -1.24. The business’s 50-day moving average is C$0.64 and its 200-day moving average is C$0.64. The company has a quick ratio of 1.17, a current ratio of 1.21 and a debt-to-equity ratio of 3.16.

ScoZinc Mining Company Profile

(Get Free Report)

ScoZinc Mining Ltd. engages in the exploration and development of mineral properties in Canada. The company explores for zinc, lead, and gypsum deposits. It holds a 100% interest in the Scotia mine and other mineral resource prospects located in Halifax, Nova Scotia. The company was formerly known as Selwyn Resources Ltd. and changed its name to ScoZinc Mining Ltd. in September 2015. ScoZinc Mining Ltd. is headquartered in Halifax, Canada.

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