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

by · The Cerbat Gem

InZinc Mining Ltd. (CVE:IZN – Get Free Report)’s stock price fell 15.4% during mid-day trading on Tuesday . The company traded as low as C$0.05 and last traded at C$0.06. 214,216 shares were traded during mid-day trading, an increase of 43% from the average session volume of 149,383 shares. The stock had previously closed at C$0.07.

InZinc Mining Stock Down 15.4%

The company’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$6.79 million, a price-to-earnings ratio of -5.50 and a beta of 1.82.

InZinc Mining Company Profile

(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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