Canadian Zinc (TSE:CZN) Shares Up 9.1% – Time to Buy?

Canadian Zinc Co. (TSE:CZNGet Free Report) shares traded up 9.1% during mid-day trading on Monday . The stock traded as high as C$0.12 and last traded at C$0.12. 122,370 shares were traded during trading, a decline of 21% from the average session volume of 154,194 shares. The stock had previously closed at C$0.11.

Canadian Zinc Stock Performance

The company’s fifty day moving average price is C$0.12. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 867.15. The company has a market capitalization of C$43.93 million and a price-to-earnings ratio of -3.24.

Canadian Zinc Company Profile

(Get Free Report)

Canadian Zinc Corporation, together with its subsidiaries, engages in the exploration and development of natural resource properties in Canada. The company's principal project is the Prairie Creek mine, a zinc-lead-silver property located in the Northwest Territories. It also owns a mineral land package in central Newfoundland, which comprises lead, copper, silver, gold, and zinc deposits.

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