InZinc Mining (CVE:IZN) Shares Down 25% – Should You Sell?

InZinc Mining Ltd. (CVE:IZN)’s share price dropped 25% during trading on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 345,000 shares traded hands during mid-day trading, an increase of 402% from the average daily volume of 68,722 shares. The stock had previously closed at C$0.02.

InZinc Mining Stock Down 25.0 %

The stock has a market cap of C$1.85 million, a price-to-earnings ratio of 2.00 and a beta of 3.76. The stock has a 50 day simple moving average of C$0.02 and a 200 day simple moving average of C$0.02.

InZinc Mining Company Profile

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.