InZinc Mining (CVE:IZN) Stock Price Down 16.7% – What’s Next?
by Michael Walen · The Markets DailyInZinc Mining Ltd. (CVE:IZN – Get 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
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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