Zadar Ventures (CVE:ZAD) Trading 7.1% Higher – Should You Buy?
by Doug Wharley · The Cerbat GemZadar Ventures Ltd. (CVE:ZAD – Get Free Report) rose 7.1% during trading on Friday . The stock traded as high as C$0.30 and last traded at C$0.30. Approximately 18,800 shares changed hands during mid-day trading, a decline of 52% from the average daily volume of 39,274 shares. The stock had previously closed at C$0.28.
Zadar Ventures Price Performance
The company has a debt-to-equity ratio of 3.62, a current ratio of 9.44 and a quick ratio of 6.76. The stock has a market capitalization of C$20.25 million and a price-to-earnings ratio of -14.29. The stock’s 50 day simple moving average is C$0.30 and its 200-day simple moving average is C$0.30.
About Zadar Ventures
Zadar Ventures Ltd. engages in the acquisition, exploration, and development of mineral resource properties in Canada. The company was incorporated in 2008 and is headquartered in Vancouver, Canada.