InZinc Mining (CVE:IZN) Shares Up 14.3% – Here’s Why

InZinc Mining Ltd. (CVE:IZNGet Free Report)’s stock price shot up 14.3% during mid-day trading on Wednesday . The stock traded as high as C$0.05 and last traded at C$0.04. 1,928,573 shares changed hands during mid-day 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 Price Performance

The stock has a market capitalization of C$4.32 million, a P/E ratio of -3.50 and a beta of 1.82. The company’s 50 day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.02.

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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