InZinc Mining (CVE:IZN) Stock Price Down 16.7% – What’s Next?

by · The Markets Daily

InZinc Mining Ltd. (CVE:IZNGet Free Report) shares traded down 16.7% during mid-day trading on Saturday . The stock traded as low as C$0.05 and last traded at C$0.05. 221,108 shares traded hands during mid-day trading, an increase of 48% from the average session volume of 149,239 shares. The stock had previously closed at C$0.06.

InZinc Mining Trading Down 16.7%

The company has a market capitalization of C$6.17 million, a price-to-earnings ratio of -5.00 and a beta of 1.82. The firm’s 50 day simple moving average is C$0.03 and its 200-day simple moving average is C$0.03.

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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