InZinc Mining Ltd. (CVE:IZN – Get Free Report) dropped 22.2% during mid-day trading on Tuesday. The company traded as low as C$0.04 and last traded at C$0.04. Approximately 204,820 shares traded hands during mid-day trading, an increase of 202% from the average session volume of 67,838 shares. The stock had previously closed at C$0.04.
InZinc Mining Stock Down 11.1%
The stock has a 50-day simple moving average of C$0.05 and a 200 day simple moving average of C$0.06. The company has a market cap of C$5.63 million, a PE ratio of -2.00 and a beta of 1.59.
InZinc Mining Company Profile
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. The company was formerly known as Lithic Resources Ltd. and changed its name to InZinc Mining Ltd. in February 2014. InZinc Mining Ltd. was incorporated in 1997 and is headquartered in Vancouver, Canada.
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