InZinc Mining (CVE:IZN) Trading 30% Higher – Should You Buy?

InZinc Mining Ltd. (CVE:IZNGet Free Report) traded up 30% during mid-day trading on Tuesday . The stock traded as high as C$0.07 and last traded at C$0.07. 103,100 shares were traded during mid-day trading, a decline of 31% from the average session volume of 148,884 shares. The stock had previously closed at C$0.05.

InZinc Mining Stock Performance

The firm has a market cap of C$8.02 million, a P/E ratio of -6.50 and a beta of 1.82. The stock’s 50 day simple moving average is C$0.04 and its 200 day simple moving average 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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