InZinc Mining (CVE:IZN) Shares Down 16.7% – Here’s Why

InZinc Mining Ltd. (CVE:IZNGet Free Report)’s share price fell 16.7% on Friday . The company 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 49% from the average session volume of 148,852 shares. The stock had previously closed at C$0.06.

InZinc Mining Stock Performance

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

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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