InZinc Mining (CVE:IZN) Shares Up 30% – Here’s Why

InZinc Mining Ltd. (CVE:IZNGet Free Report)’s stock price shot up 30% on Monday . The stock traded as high as C$0.07 and last traded at C$0.07. 103,100 shares were traded during trading, a decline of 31% from the average session volume of 148,884 shares. The stock had previously closed at C$0.05.

InZinc Mining Stock Performance

The stock’s 50 day simple moving average is C$0.04 and its 200-day simple moving average is C$0.03. The firm has a market cap of C$6.79 million, a price-to-earnings ratio of -5.50 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.

Further Reading

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