Zephyr Minerals (CVE:ZFR) Shares Down 26.7% – Here’s What Happened

Zephyr Minerals Ltd. (CVE:ZFRGet Free Report) shares dropped 26.7% during trading on Thursday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 143,000 shares changed hands during trading, an increase of 110% from the average daily volume of 68,004 shares. The stock had previously closed at C$0.08.

Zephyr Minerals Price Performance

The stock has a market capitalization of C$4.66 million, a price-to-earnings ratio of -16.67 and a beta of 0.29. The company has a 50 day moving average of C$0.08 and a 200 day moving average of C$0.07. The company has a debt-to-equity ratio of 0.48, a quick ratio of 3.78 and a current ratio of 0.57.

About Zephyr Minerals

(Get Free Report)

Zephyr Minerals Ltd., through its subsidiary, Zephyr Gold USA Ltd., engages in the exploration, evaluation, and development of mineral properties in Canada, Zimbabwe, and the United States. It explores for gold, silver, zinc, and lead deposits. The company was incorporated in 2010 and is headquartered in Halifax, Canada.

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