Zephyr Minerals (CVE:ZFR) Trading 20% Higher – Time to Buy?

Zephyr Minerals Ltd. (CVE:ZFRGet Free Report)’s stock price was up 20% on Thursday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 136,000 shares traded hands during trading, an increase of 40% from the average session volume of 96,958 shares. The stock had previously closed at C$0.05.

Zephyr Minerals Price Performance

The stock has a market cap of C$5.60 million, a price-to-earnings ratio of -20.00 and a beta of 0.36. The company has a 50-day simple moving average of C$0.05 and a two-hundred day simple 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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