InZinc Mining (CVE:IZN) Stock Price Up 20% – Should You Buy?

InZinc Mining Ltd. (CVE:IZNGet Free Report) shares shot up 20% during mid-day trading on Tuesday . The stock traded as high as C$0.06 and last traded at C$0.06. 402,000 shares changed hands during mid-day trading, an increase of 172% from the average session volume of 147,595 shares. The stock had previously closed at C$0.05.

InZinc Mining Price Performance

The firm has a market capitalization of C$7.40 million, a price-to-earnings ratio of -6.00 and a beta of 1.82. The business’s 50 day moving average price is C$0.03 and its 200-day moving average price is C$0.03.

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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