InZinc Mining (CVE:IZN) Stock Falls 22.2% – Here’s Why

InZinc Mining Ltd. (CVE:IZN – Get Free Report)’s share price fell 22.2% on Tuesday. The stock traded as low as C$0.04 and last traded at C$0.04. 204,820 shares were traded during mid-day trading, an increase of 202% from the average daily volume of 67,838 shares. The stock had previously closed at C$0.04.

InZinc Mining Stock Down 11.1%

The stock’s fifty day moving average price is C$0.05 and its two-hundred day moving average price is C$0.06. The company has a market capitalization of C$5.63 million, a PE ratio of -2.00 and a beta of 1.59.

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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