InZinc Mining (CVE:IZN) Shares Up 20% – Still a Buy?

Shares of InZinc Mining Ltd. (CVE:IZNGet Free Report) shot up 20% during mid-day trading on Thursday . The stock traded as high as C$0.03 and last traded at C$0.03. 117,000 shares were traded during mid-day trading, an increase of 81% from the average session volume of 64,506 shares. The stock had previously closed at C$0.03.

InZinc Mining Price Performance

The firm has a market cap of C$3.09 million, a price-to-earnings ratio of 2.00 and a beta of 3.76. The firm’s fifty day moving average is C$0.02 and its 200-day moving average is C$0.02.

InZinc Mining Company Profile

(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.

Further Reading

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