InZinc Mining (CVE:IZN) Stock Price Down 15.4% – Here’s Why

InZinc Mining Ltd. (CVE:IZNGet Free Report) fell 15.4% during mid-day trading on Wednesday . The stock traded as low as C$0.05 and last traded at C$0.06. 214,216 shares traded hands during mid-day trading, an increase of 43% from the average session volume of 149,383 shares. The stock had previously closed at C$0.07.

InZinc Mining Stock Performance

The company has a market cap of C$8.02 million, a price-to-earnings ratio of -6.50 and a beta of 2.10. The firm’s 50-day moving average price is C$0.04 and its 200 day moving average price is C$0.03.

About InZinc Mining

(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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