InZinc Mining (CVE:IZN) Trading Down 16.7% – Here’s What Happened

InZinc Mining Ltd. (CVE:IZNGet Free Report) shares dropped 16.7% on Friday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 221,108 shares traded hands during mid-day trading, an increase of 48% from the average daily volume of 149,239 shares. The stock had previously closed at C$0.06.

InZinc Mining Stock Performance

The company has a market cap of C$6.17 million, a PE ratio of -5.00 and a beta of 1.82. The company’s 50 day moving average price is C$0.03 and its 200-day moving average price is C$0.03.

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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