InZinc Mining (CVE:IZN) Stock Price Down 15.4% – Here’s Why

by · The Cerbat Gem

InZinc Mining Ltd. (CVE:IZNGet Free Report)’s share price was down 15.4% during mid-day trading on Tuesday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 109,100 shares were traded during trading, a decline of 28% from the average daily volume of 150,741 shares. The stock had previously closed at C$0.07.

InZinc Mining Trading Down 15.4%

The firm’s fifty day moving average is C$0.04 and its 200-day moving average is C$0.03. The stock has a market capitalization of C$6.79 million, a PE ratio of -5.50 and a beta of 2.10.

About InZinc Mining

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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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