InZinc Mining (CVE:IZN) Stock Price Down 12.5% – Here’s Why

InZinc Mining Ltd. (CVE:IZNGet Free Report) shares dropped 12.5% on Monday . The company traded as low as C$0.04 and last traded at C$0.04. Approximately 1,042,000 shares traded hands during trading, an increase of 671% from the average daily volume of 135,162 shares. The stock had previously closed at C$0.04.

InZinc Mining Trading Down 12.5%

The stock has a market capitalization of C$4.32 million, a price-to-earnings ratio of -3.50 and a beta of 1.82. The firm has a 50-day moving average of C$0.03 and a 200-day moving average of C$0.03.

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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