InZinc Mining (CVE:IZN) Stock Price Up 30% – Still a Buy?

Shares of InZinc Mining Ltd. (CVE:IZNGet Free Report) shot up 30% on Monday . The company traded as high as C$0.07 and last traded at C$0.07. 103,100 shares traded hands 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 firm has a market cap of C$6.79 million, a price-to-earnings ratio of -5.50 and a beta of 1.82. The business has a fifty day simple moving average of C$0.04 and a 200-day simple moving average of C$0.03.

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.

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