InZinc Mining (CVE:IZN) Hits New 52-Week High – Time to Buy?
by Kim Johansen · The Markets DailyShares of InZinc Mining Ltd. (CVE:IZN – Get Free Report) hit a new 52-week high during trading on Tuesday . The company traded as high as C$0.07 and last traded at C$0.07, with a volume of 272600 shares. The stock had previously closed at C$0.06.
InZinc Mining Stock Up 9.1%
The stock has a market capitalization of C$7.40 million, a PE ratio of -3.00 and a beta of 2.10. The firm’s fifty day moving average price is C$0.05 and its two-hundred day moving average price is C$0.03.
InZinc Mining Company Profile
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. The company was formerly known as Lithic Resources Ltd. and changed its name to InZinc Mining Ltd. in February 2014. InZinc Mining Ltd. was incorporated in 1997 and is headquartered in Vancouver, Canada.