Zimtu Capital (CVE:ZC) Stock Falls 11.6% – Should You Sell?
by Jessica Moore · The Cerbat GemZimtu Capital Corp. (CVE:ZC – Get Free Report) dropped 11.6% during mid-day trading on Monday. The stock traded as low as C$0.38 and last traded at C$0.38. Approximately 5,850 shares changed hands during mid-day trading, a decline of 52% from the average daily volume of 12,109 shares. The stock had previously closed at C$0.43.
Zimtu Capital Price Performance
The company has a market cap of C$6.76 million, a PE ratio of 0.31 and a beta of 0.64. The company has a debt-to-equity ratio of 0.11, a quick ratio of 26.23 and a current ratio of 106.42. The stock has a 50 day moving average of C$0.42 and a 200-day moving average of C$0.51.
About Zimtu Capital
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.