InZinc Mining (CVE:IZN) Stock Price Up 14.3% – Still a Buy?

InZinc Mining Ltd. (CVE:IZN)’s share price shot up 14.3% during trading on Tuesday . The company traded as high as C$0.05 and last traded at C$0.04. 1,928,573 shares changed hands during trading, an increase of 1,657% from the average session volume of 109,773 shares. The stock had previously closed at C$0.04.

InZinc Mining Trading Up 14.3%

The stock’s 50 day moving average price is C$0.03 and its 200 day moving average price is C$0.02. The company has a market capitalization of C$4.94 million, a price-to-earnings ratio of -4.00 and a beta of 1.82.

InZinc Mining Company Profile

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.