InZinc Mining Ltd. (CVE:IZN – Get Free Report) shares dropped 12.5% on Monday . The stock traded as low as C$0.04 and last traded at C$0.04. Approximately 992,000 shares changed hands during trading, an increase of 671% from the average daily volume of 128,709 shares. The stock had previously closed at C$0.04.
InZinc Mining Trading Down 12.5%
The company has a market capitalization of C$4.32 million, a price-to-earnings ratio of -3.50 and a beta of 1.82. The stock’s fifty day simple moving average is C$0.03 and its 200-day simple moving average is C$0.03.
About InZinc Mining
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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