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

Shares of 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 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 firm’s 50 day moving average price is C$0.03 and its two-hundred day moving average price is C$0.03. The company has a market cap of C$8.02 million, a P/E 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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