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

InZinc Mining Ltd. (CVE:IZNGet Free Report)’s share price traded down 16.7% on Saturday . The stock traded as low as C$0.05 and last traded at C$0.05. 221,108 shares changed hands during mid-day trading, an increase of 48% from the average session volume of 149,239 shares. The stock had previously closed at C$0.06.

InZinc Mining Price Performance

The firm has a market cap of C$6.17 million, a price-to-earnings ratio of -5.00 and a beta of 1.82. The stock’s fifty 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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