InZinc Mining Ltd. (CVE:IZN – Get Free Report) shares fell 7.7% during trading on Wednesday . The company traded as low as C$0.05 and last traded at C$0.06. 138,000 shares were traded during trading, an increase of 105% from the average daily volume of 67,297 shares. The stock had previously closed at C$0.07.
InZinc Mining Price Performance
The business has a fifty day moving average price of C$0.06 and a two-hundred day moving average price of C$0.06. The firm has a market capitalization of C$7.74 million, a price-to-earnings ratio of -5.50 and a beta of 1.37.
About InZinc Mining
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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