Shares of InZinc Mining Ltd. (CVE:IZN – Get Free Report) shot up 33.3% during mid-day trading on Wednesday . The company traded as high as C$0.09 and last traded at C$0.08. 380,600 shares traded hands during trading, an increase of 487% from the average session volume of 64,843 shares. The stock had previously closed at C$0.06.
InZinc Mining Price Performance
The stock has a market capitalization of C$11.26 million, a PE ratio of -8.00 and a beta of 1.48. The stock has a 50 day moving average of C$0.06 and a two-hundred day moving average of C$0.06.
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. The company was formerly known as Lithic Resources Ltd. and changed its name to InZinc Mining Ltd. in February 2014. InZinc Mining Ltd. was incorporated in 1997 and is headquartered in Vancouver, Canada.
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