Zimtu Capital (CVE:ZC) Trading Down 1.7% – Here’s What Happened

Zimtu Capital Corp. (CVE:ZC) shares traded down 1.7% on Friday . The company traded as low as C$0.58 and last traded at C$0.58. 500 shares traded hands during trading, a decline of 95% from the average session volume of 10,544 shares. The stock had previously closed at C$0.59.

Zimtu Capital Price Performance

The stock has a market capitalization of C$7.36 million, a P/E ratio of 0.76 and a beta of 1.10. The company’s 50-day simple moving average is C$0.63 and its 200-day simple moving average is C$0.54.

Zimtu Capital Company Profile

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.