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

InZinc Mining Ltd. (CVE:IZNGet Free Report)’s share price was down 16.7% on Saturday . The stock traded as low as C$0.02 and last traded at C$0.03. Approximately 204,000 shares changed hands during mid-day trading, an increase of 119% from the average daily volume of 93,352 shares. The stock had previously closed at C$0.03.

InZinc Mining Trading Down 16.7%

The firm has a market capitalization of C$3.09 million, a PE ratio of 2.00 and a beta of 3.76. The company has a fifty day moving average price of C$0.02 and a two-hundred day moving average price of C$0.02.

About InZinc Mining

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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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