InZinc Mining (CVE:IZN) Stock Price Down 12.5% – Should You Sell?

InZinc Mining Ltd. (CVE:IZN – Get Free Report)’s share price traded down 12.5% during mid-day trading on Monday . The company traded as low as C$0.04 and last traded at C$0.04. 1,042,000 shares were traded during trading, an increase of 671% from the average session volume of 135,162 shares. The stock had previously closed at C$0.04.

InZinc Mining Stock Performance

The stock has a market capitalization of C$4.32 million, a price-to-earnings ratio of -3.50 and a beta of 1.82. The business’s 50 day simple moving average is C$0.03 and its 200-day simple moving average is C$0.03.

About InZinc Mining

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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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