InZinc Mining (CVE:IZN) Shares Down 16.7% – Here’s What Happened
by Tristan Rich · The Markets DailyInZinc Mining Ltd. (CVE:IZN – Get Free Report) traded down 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 changed hands during mid-day 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 Trading Down 16.7%
The firm has a market cap of C$6.17 million, a P/E ratio of -5.00 and a beta of 1.82. The business’s 50-day moving average is C$0.03 and its two-hundred day moving average is C$0.03.
InZinc Mining Company Profile
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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