InZinc Mining (CVE:IZN) Trading 30% Higher – Still a Buy?

by · The Markets Daily

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

InZinc Mining Stock Up 18.2%

The stock’s fifty day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.03. The firm has a market cap of C$8.02 million, a PE 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.

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