Zimtu Capital (CVE:ZC) Stock Price Up 24% – Here’s Why

Zimtu Capital Corp. (CVE:ZCGet Free Report) shares traded up 24% during mid-day trading on Friday . The stock traded as high as C$0.32 and last traded at C$0.31. 113,000 shares traded hands during trading, an increase of 373% from the average session volume of 23,879 shares. The stock had previously closed at C$0.25.

Zimtu Capital Stock Up 24.0%

The firm has a market capitalization of C$3.93 million, a PE ratio of 0.97 and a beta of 0.85. The company has a fifty day moving average price of C$0.26 and a 200-day moving average price of C$0.15. The company has a debt-to-equity ratio of 2.21, a quick ratio of 26.23 and a current ratio of 25.69.

Zimtu Capital Company Profile

(Get Free Report)

Zimtu Capital Corp. is a private equity and venture capital firm specializing in seed stage, early stage, acquisition, pre-IPO investments in private micro and small-cap resource companies. The firm invests in potash mineral properties, technology and emerging cannabis sectors. It prefers to invest in Western Canada.

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