Zimtu Capital (CVE:ZC) Trading Down 11.2% – Here’s Why

Shares of Zimtu Capital Corp. (CVE:ZCGet Free Report) were down 11.2% on Tuesday . The stock traded as low as C$0.43 and last traded at C$0.43. 1,100 shares were traded during mid-day trading, a decline of 89% from the average session volume of 9,724 shares. The stock had previously closed at C$0.49.

Zimtu Capital Stock Performance

The firm has a market capitalization of C$7.42 million, a PE ratio of 0.25 and a beta of 0.94. The company has a debt-to-equity ratio of 0.19, a quick ratio of 26.23 and a current ratio of 113.09. The business’s fifty day simple moving average is C$0.49 and its 200-day simple moving average is C$0.55.

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.

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