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InZinc Mining shares surged 20% to C$0.06 on heavy volume with no official reason given.
InZinc Mining (CVE:IZN) shares rose 20% on Tuesday, reaching a high of C$0.06 and closing at that level, up from C$0.05 the prior day, on significantly elevated trading volume.
The stock’s market cap is C$7.40 million, with no new corporate announcements or specific catalysts cited for the move.
The company, focused on zinc, copper, and indium exploration in the U.S. and Canada, owns the Indy project in British Columbia and the West Desert Property in Utah.
Its 50-day and 200-day moving averages are both C$0.03, and it has a beta of 1.82, indicating higher volatility.
The price-to-earnings ratio is negative at -6.00.
Las acciones de InZinc Mining subieron un 20% hasta 0,06 dólares canadienses con un volumen elevado sin que se diera una razón oficial.