InZinc Mining (CVE:IZN) Shares Down 15.4% – Here’s What Happened

InZinc Mining Ltd. (CVE:IZNGet Free Report) dropped 15.4% during mid-day trading on Monday . The stock traded as low as C$0.06 and last traded at C$0.06. 167,499 shares were traded during trading, an increase of 155% from the average session volume of 65,678 shares. The stock had previously closed at C$0.07.

InZinc Mining Stock Performance

The stock has a market cap of C$7.74 million, a P/E ratio of -5.50 and a beta of 1.50. The stock’s fifty day moving average is C$0.06 and its 200 day moving average is C$0.06.

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. 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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