InZinc Mining (CVE:IZN) Trading Down 25% – Here’s What Happened

InZinc Mining Ltd. (CVE:IZNGet Free Report) was down 25% on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 345,000 shares traded hands during mid-day trading, an increase of 402% from the average daily volume of 68,722 shares. The stock had previously closed at C$0.02.

InZinc Mining Price Performance

The company has a market capitalization of C$1.85 million, a P/E ratio of 2.00 and a beta of 3.76. The firm has a fifty day moving average price of C$0.02 and a 200-day moving average price of C$0.02.

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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