InZinc Mining (CVE:IZN) Shares Down 16.7% – Here’s What Happened

InZinc Mining Ltd. (CVE:IZNGet Free Report)’s share price fell 16.7% during trading on Saturday . The stock traded as low as C$0.05 and last traded at C$0.05. 221,108 shares traded hands during trading, an increase of 48% from the average session volume of 149,239 shares. The stock had previously closed at C$0.06.

InZinc Mining Price Performance

The company has a fifty day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.03. The company has a market capitalization of C$6.17 million, a P/E ratio of -5.00 and a beta of 1.82.

About InZinc Mining

(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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