Shares of Nevada Zinc Corp (CVE:NZN) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 53000 shares trading hands. The stock had previously closed at C$0.06.

The company has a fifty day moving average of C$0.07 and a 200-day moving average of C$0.08. The stock has a market cap of $4.02 million and a PE ratio of -3.46.

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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