Canadian Zinc (TSE:CZN) Trading Up 9.1% – Here’s What Happened

by · The Markets Daily

Canadian Zinc Co. (TSE:CZN – Get Free Report)’s stock price was up 9.1% during mid-day trading on Monday . The company traded as high as C$0.12 and last traded at C$0.12. Approximately 122,370 shares changed hands during mid-day trading, a decline of 21% from the average daily volume of 154,194 shares. The stock had previously closed at C$0.11.

Canadian Zinc Price Performance

The firm has a market capitalization of C$43.93 million and a P/E ratio of -3.24. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 867.15.

Canadian Zinc Company Profile

(Get Free Report)

Canadian Zinc Corporation, together with its subsidiaries, engages in the exploration and development of natural resource properties in Canada. The company's principal project is the Prairie Creek mine, a zinc-lead-silver property located in the Northwest Territories. It also owns a mineral land package in central Newfoundland, which comprises lead, copper, silver, gold, and zinc deposits.

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