Inzinc Mining Stock Price on June 17, 2024

LTH Stock   0.79  0.02  2.47%   
If you're considering investing in InZinc Stock, it is important to understand the factors that can impact its price. As of today, the current price of InZinc Mining stands at 0.79, as last reported on the 11th of December 2024, with the highest price reaching 0.81 and the lowest price hitting 0.76 during the day. InZinc Mining appears to be abnormally volatile, given 3 months investment horizon. InZinc Mining holds Efficiency (Sharpe) Ratio of 0.0834, which attests that the entity had a 0.0834% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for InZinc Mining, which you can use to evaluate the volatility of the firm. Please utilize InZinc Mining's market risk adjusted performance of 1.07, and Risk Adjusted Performance of 0.0784 to validate if our risk estimates are consistent with your expectations.
  
At this time, InZinc Mining's Liabilities And Stockholders Equity is fairly stable compared to the past year. Stock Based Compensation is likely to climb to about 3.6 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 7.8 M in 2024. . At this time, InZinc Mining's Price Book Value Ratio is fairly stable compared to the past year. Price To Book Ratio is likely to climb to 28.77 in 2024, whereas Price Earnings To Growth Ratio is likely to drop (0.07) in 2024. InZinc Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0834

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Estimated Market Risk

 4.68
  actual daily
41
59% of assets are more volatile

Expected Return

 0.39
  actual daily
7
93% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average InZinc Mining is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of InZinc Mining by adding it to a well-diversified portfolio.
Price Book
36.7897
Book Value
0.024
Enterprise Value
99 M
Enterprise Value Ebitda
(1.41)
Shares Float
108.3 M

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InZinc Mining Valuation on June 17, 2024

It is possible to determine the worth of InZinc Mining on a given historical date. On June 17, 2024 InZinc was worth 0.7 at the beginning of the trading date compared to the closed value of 0.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of InZinc Mining stock. Still, in general, we apply an absolute valuation method to find InZinc Mining's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of InZinc Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against InZinc Mining's related companies.
 Open High Low Close Volume
  0.70    0.74    0.68    0.69    418,633  
06/17/2024
  0.70    0.71    0.65    0.68    290,700  
  0.70    0.70    0.64    0.65    266,504  
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Open Value
0.7
0.68
Closing Value
14.74
Upside

InZinc Mining Trading Date Momentum on June 17, 2024

On June 18 2024 InZinc Mining was traded for  0.65  at the closing time. The highest daily price throughout the period was 0.70  and the lowest price was  0.64 . The daily volume was 266.5 K. The net trading volume on 06/18/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 4.41% . The trading delta at closing time to current closing price is 20.59% .

InZinc Mining Fundamentals Correlations and Trends

By evaluating InZinc Mining's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among InZinc Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. InZinc financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About InZinc Mining Stock history

InZinc Mining investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for InZinc is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in InZinc Mining will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing InZinc Mining stock prices may prove useful in developing a viable investing in InZinc Mining
Last ReportedProjected for Next Year
Common Stock Shares Outstanding128.1 M94.8 M
Net Loss-1.4 M-1.5 M

InZinc Mining Quarterly Net Working Capital

2.97 Million

InZinc Mining Stock Technical Analysis

InZinc Mining technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of InZinc Mining technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of InZinc Mining trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

InZinc Mining Period Price Range

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InZinc Mining cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

InZinc Mining December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how InZinc Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading InZinc Mining shares will generate the highest return on investment. By undertsting and applying InZinc Mining stock market strength indicators, traders can identify InZinc Mining entry and exit signals to maximize returns

InZinc Mining Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for InZinc Mining's price direction in advance. Along with the technical and fundamental analysis of InZinc Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of InZinc to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for InZinc Stock Analysis

When running InZinc Mining's price analysis, check to measure InZinc Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy InZinc Mining is operating at the current time. Most of InZinc Mining's value examination focuses on studying past and present price action to predict the probability of InZinc Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InZinc Mining's price. Additionally, you may evaluate how the addition of InZinc Mining to your portfolios can decrease your overall portfolio volatility.