InZinc Mining (CVE:IZN) Stock Price Down 16.7% – Should You Sell?
by Sarita Garza · The Markets DailyInZinc Mining Ltd. (CVE:IZN – Get Free Report)’s share price dropped 16.7% on Friday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 221,108 shares changed hands during trading, an increase of 48% from the average daily 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 price-to-earnings ratio of -5.00 and a beta of 1.82. The stock has a 50-day moving average of C$0.03 and a 200-day moving average of 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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