InZinc Mining (CVE:IZN) Trading Down 12.5% – Here’s Why

Shares of InZinc Mining Ltd. (CVE:IZNGet Free Report) fell 12.5% on Monday . The stock traded as low as C$0.04 and last traded at C$0.04. 1,042,000 shares changed hands during mid-day trading, an increase of 671% from the average session volume of 135,162 shares. The stock had previously closed at C$0.04.

InZinc Mining Stock Performance

The stock’s fifty day moving average is C$0.03 and its two-hundred day moving average is C$0.03. The firm has a market capitalization of C$4.32 million, a price-to-earnings ratio of -3.50 and a beta of 1.82.

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.

Further Reading

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