Zimtu Capital (CVE:ZC) Trading Down 8.6% – Here’s What Happened

Shares of Zimtu Capital Corp. (CVE:ZCGet Free Report) dropped 8.6% during mid-day trading on Monday . The company traded as low as C$0.42 and last traded at C$0.42. Approximately 1,000 shares changed hands during trading, a decline of 90% from the average daily volume of 10,191 shares. The stock had previously closed at C$0.47.

Zimtu Capital Price Performance

The firm has a market capitalization of C$7.28 million, a P/E ratio of 0.33 and a beta of 0.97. The business has a 50-day moving average of C$0.44 and a 200 day moving average of C$0.53. The company has a current ratio of 106.42, a quick ratio of 26.23 and a debt-to-equity ratio of 0.11.

About Zimtu Capital

(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. It also focuses on the exploration and development of tantalum and niobium deposits in Central British Columbia; and involves in the exploration and evaluation of gold deposits in South-Central Northwest territories.

Further Reading

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