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

InZinc Mining Ltd. (CVE:IZNGet Free Report)’s stock price was down 15.4% during mid-day trading on Monday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 167,499 shares traded hands during mid-day trading, an increase of 155% from the average session volume of 65,678 shares. The stock had previously closed at C$0.07.

InZinc Mining Stock Performance

The firm has a market capitalization of C$7.74 million, a PE ratio of -5.50 and a beta of 1.50. The company has a fifty day moving average price of C$0.06 and a 200-day moving average price of C$0.06.

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. 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.

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