InZinc Mining (CVE:IZN) Shares Down 12.5% – Here’s What Happened

InZinc Mining Ltd. (CVE:IZNGet Free Report)’s share price dropped 12.5% during trading on Tuesday . The company traded as low as C$0.04 and last traded at C$0.04. Approximately 1,042,000 shares were traded during trading, an increase of 671% from the average daily volume of 135,162 shares. The stock had previously closed at C$0.04.

InZinc Mining Price Performance

The stock’s 50 day moving average is C$0.03 and its two-hundred day moving average is C$0.03. The stock has a market capitalization of C$4.32 million, a PE ratio of -3.50 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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