Chatham Rock Phosphate (CVE:NZP) Sets New 1-Year Low – Should You Sell?

Chatham Rock Phosphate Limited (CVE:NZPGet Free Report) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.04 and last traded at C$0.05, with a volume of 75000 shares. The stock had previously closed at C$0.04.

Chatham Rock Phosphate Stock Performance

The company’s fifty day simple moving average is C$0.05 and its 200 day simple moving average is C$0.05. The stock has a market capitalization of C$5.05 million, a P/E ratio of -5.29 and a beta of 0.96. The company has a current ratio of 0.69, a quick ratio of 10.98 and a debt-to-equity ratio of 0.67.

About Chatham Rock Phosphate

(Get Free Report)

Chatham Rock Phosphate Limited operates as a mineral development company in New Zealand, French Polynesia, and Australia. It focuses on the development and exploitation of the Chatham Rise rock phosphate deposit, which comprises a mining permit covering an area of 820 square kilometers located in New Zealand; and Makatea phosphate project.

Recommended Stories

Receive News & Ratings for Chatham Rock Phosphate Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chatham Rock Phosphate and related companies with MarketBeat.com's FREE daily email newsletter.