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

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

InZinc Mining Trading Down 16.7%

The business has a 50 day moving average of C$0.02 and a 200-day moving average of C$0.02. The firm has a market capitalization of C$3.09 million, a P/E ratio of 2.00 and a beta of 3.76.

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.

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