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

Chatham Rock Phosphate Limited (CVE:NZPGet Free Report)’s share price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 3925 shares changing hands. The stock had previously closed at C$0.04.

Chatham Rock Phosphate Stock Performance

The stock’s fifty day simple moving average is C$0.04 and its 200-day simple moving average is C$0.05. The company has a quick ratio of 10.98, a current ratio of 0.69 and a debt-to-equity ratio of 0.67. The company has a market capitalization of C$4.49 million, a PE ratio of -4.71 and a beta of 0.96.

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.

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