InZinc Mining (CVE:IZN) Trading 30% Higher – Here’s Why

InZinc Mining Ltd. (CVE:IZNGet Free Report) shares traded up 30% on Monday . The company traded as high as C$0.07 and last traded at C$0.07. 103,100 shares were traded during mid-day 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 Up 30.0%

The company has a market cap of C$8.02 million, a price-to-earnings ratio of -6.50 and a beta of 1.82. The company’s fifty day moving average price is C$0.03 and its two-hundred day moving average price is C$0.03.

About InZinc Mining

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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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