InZinc Mining (CVE:IZN) Trading 20% Higher – What’s Next?

InZinc Mining Ltd. (CVE:IZNGet Free Report)’s share price shot up 20% during mid-day trading on Tuesday . The stock traded as high as C$0.06 and last traded at C$0.06. 402,000 shares traded hands during trading, an increase of 172% from the average session volume of 147,595 shares. The stock had previously closed at C$0.05.

InZinc Mining Stock Performance

The company has a 50-day moving average of C$0.03 and a 200-day moving average of C$0.03. The stock has a market capitalization of C$7.40 million, a price-to-earnings ratio of -6.00 and a beta of 1.82.

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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