ScoZinc Mining (CVE:SZM) Shares Up 1.6% – Still a Buy?

ScoZinc Mining Ltd. (CVE:SZMGet Free Report)’s share price shot up 1.6% during trading on Wednesday . The stock traded as high as C$0.64 and last traded at C$0.64. 1,500 shares changed hands during mid-day trading, a decline of 64% from the average session volume of 4,120 shares. The stock had previously closed at C$0.63.

ScoZinc Mining Stock Up 1.6 %

The company has a debt-to-equity ratio of 3.16, a quick ratio of 1.17 and a current ratio of 1.21. The stock’s fifty day simple moving average is C$0.64 and its two-hundred day simple moving average is C$0.64. The company has a market capitalization of C$11.46 million and a price-to-earnings ratio of -1.24.

About ScoZinc Mining

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ScoZinc Mining Ltd. engages in the exploration and development of mineral properties in Canada. The company explores for zinc, lead, and gypsum deposits. It holds a 100% interest in the Scotia mine and other mineral resource prospects located in Halifax, Nova Scotia. The company was formerly known as Selwyn Resources Ltd.

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