InZinc Mining (CVE:IZN) Shares Up 18.2% – What’s Next?

by · The Cerbat Gem

InZinc Mining Ltd. (CVE:IZN – Get Free Report) shares rose 18.2% on Friday . The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 399,000 shares changed hands during trading, an increase of 164% from the average daily volume of 151,274 shares. The stock had previously closed at C$0.06.

InZinc Mining Price Performance

The stock’s 50 day simple moving average is C$0.04 and its 200-day simple moving average is C$0.03. The stock has a market capitalization of C$8.02 million, a price-to-earnings ratio of -6.50 and a beta of 2.10.

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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