Zimtu Capital (CVE:ZC) Shares Up 1.7% – Here’s What Happened

Zimtu Capital Corp. (CVE:ZC) shares shot up 1.7% during mid-day trading on Thursday . The stock traded as high as C$0.59 and last traded at C$0.59. 9,003 shares changed hands during trading, a decline of 13% from the average session volume of 10,313 shares. The stock had previously closed at C$0.58.

Zimtu Capital Price Performance

The stock has a market capitalization of C$7.48 million, a price-to-earnings ratio of 0.78 and a beta of 1.10. The stock has a 50-day moving average of C$0.61 and a 200 day moving average of C$0.50.

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.