Shares of InZinc Mining Ltd. (CVE:IZN – Get Free Report) dropped 16.7% on Friday . The company traded as low as C$0.02 and last traded at C$0.03. Approximately 204,000 shares traded 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 Stock Performance
The stock has a market cap of C$3.09 million, a price-to-earnings ratio of 2.00 and a beta of 3.76. The company’s 50 day simple moving average is C$0.02 and its 200 day simple moving average is C$0.02.
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.
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