Canadian Zinc (TSE:CZN) Stock Price Up 9.1% – Still a Buy?

Canadian Zinc Co. (TSE:CZNGet Free Report) shares shot up 9.1% on Monday . The stock traded as high as C$0.12 and last traded at C$0.12. 122,370 shares were traded during mid-day trading, a decline of 21% from the average session volume of 154,194 shares. The stock had previously closed at C$0.11.

Canadian Zinc Stock Performance

The firm has a market cap of C$43.93 million and a price-to-earnings ratio of -3.24. The company has a debt-to-equity ratio of 867.15, a quick ratio of 0.67 and a current ratio of 0.67.

About Canadian Zinc

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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.

Further Reading

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