Zimtu Capital (CVE:ZC) Stock Price Up 2.4% – Time to Buy?
by Danessa Lincoln · The Markets DailyZimtu Capital Corp. (CVE:ZC – Get Free Report)’s share price shot up 2.4% during trading on Monday . The company traded as high as C$0.43 and last traded at C$0.43. 879 shares traded hands during mid-day trading, a decline of 91% from the average session volume of 10,184 shares. The stock had previously closed at C$0.42.
Zimtu Capital Stock Performance
The company has a current ratio of 113.09, a quick ratio of 26.23 and a debt-to-equity ratio of 0.19. The stock has a market cap of C$7.34 million, a P/E ratio of 0.24 and a beta of 1.13. The business’s fifty day simple moving average is C$0.54 and its 200 day simple moving average is C$0.57.
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.