InZinc Mining (CVE:IZN) Shares Down 25% – Here’s Why

InZinc Mining Ltd. (CVE:IZNGet Free Report)’s stock price was down 25% during mid-day trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 345,000 shares changed hands during mid-day trading, an increase of 402% from the average daily volume of 68,722 shares. The stock had previously closed at C$0.02.

InZinc Mining Price Performance

The stock has a market capitalization of C$1.85 million, a price-to-earnings ratio of 2.00 and a beta of 3.76. The firm’s fifty day moving average is C$0.02 and its 200-day moving average is C$0.02.

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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