Shares of InZinc Mining Ltd. (CVE:IZN – Get Free Report) dropped 25% during mid-day trading on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 345,000 shares were traded 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 Trading Down 25.0 %
The firm has a market capitalization of C$1.85 million, a P/E ratio of 2.00 and a beta of 3.76. The company has a 50 day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.02.
About InZinc Mining
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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