InZinc Mining (CVE:IZN) Stock Price Up 14.3% – Still a Buy?

InZinc Mining Ltd. (CVE:IZNGet Free Report) shares were up 14.3% during mid-day trading on Wednesday . The company traded as high as C$0.05 and last traded at C$0.04. Approximately 1,928,573 shares changed hands during trading, an increase of 1,657% from the average daily volume of 109,773 shares. The stock had previously closed at C$0.04.

InZinc Mining Stock Performance

The firm has a market cap of C$4.94 million, a P/E ratio of -4.00 and a beta of 1.82. The firm has a 50 day simple moving average of C$0.03 and a 200 day simple moving average of C$0.03.

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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