Zimtu Capital (CVE:ZC) Shares Down 11.7% – Should You Sell?

by · The Cerbat Gem

Zimtu Capital Corp. (CVE:ZC – Get Free Report)’s stock price fell 11.7% during trading on Monday . The stock traded as low as C$0.53 and last traded at C$0.53. 2,781 shares traded hands during mid-day trading, a decline of 88% from the average session volume of 24,145 shares. The stock had previously closed at C$0.60.

Zimtu Capital Stock Performance

The stock has a 50 day simple moving average of C$0.53 and a 200 day simple moving average of C$0.32. The company has a quick ratio of 26.23, a current ratio of 25.69 and a debt-to-equity ratio of 2.21. The company has a market cap of C$6.72 million, a price-to-earnings ratio of 0.70 and a beta of 1.09.

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.

Read More