Zimtu Capital (CVE:ZC) Trading Down 9.3% – Here’s What Happened

Zimtu Capital Corp. (CVE:ZCGet Free Report) fell 9.3% during trading on Friday . The company traded as low as C$0.49 and last traded at C$0.49. 3,000 shares traded hands during mid-day trading, a decline of 88% from the average session volume of 25,352 shares. The stock had previously closed at C$0.54.

Zimtu Capital Trading Down 9.3%

The firm has a market capitalization of C$6.21 million, a price-to-earnings ratio of 0.64 and a beta of 0.85. The company has a quick ratio of 26.23, a current ratio of 25.69 and a debt-to-equity ratio of 2.21. The firm’s 50 day moving average is C$0.44 and its 200 day moving average is C$0.26.

About Zimtu Capital

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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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