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

InZinc Mining Ltd. (CVE:IZNGet Free Report)’s share price fell 16.7% during trading on Saturday . The stock traded as low as C$0.02 and last traded at C$0.03. 204,000 shares changed hands during mid-day trading, an increase of 119% from the average session volume of 93,352 shares. The stock had previously closed at C$0.03.

InZinc Mining Stock Performance

The firm’s 50-day moving average is C$0.02 and its 200 day moving average is C$0.02. The firm has a market capitalization of C$3.09 million, a PE ratio of 2.00 and a beta of 3.76.

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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