Shares of Nevada Zinc Corp (CVE:NZN) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 182130 shares changing hands. The stock had previously closed at C$0.06.
The firm’s 50 day moving average is C$0.07 and its 200-day moving average is C$0.08. The firm has a market cap of $5.12 million and a price-to-earnings ratio of -4.23.
About Nevada Zinc (CVE:NZN)
Nevada Zinc Corporation, a mineral exploration company, primarily focuses on the acquisition, exploration, and development of mineral properties in Nevada, as well as in Yukon, Canada. The company explores for zinc and lead. Its flagship property is the 100% owned Lone Mountain zinc project, which includes 231 claims covering approximately 4,000 acres located near Eureka, Nevada.
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