Zephyr Minerals (CVE:ZFR) Shares Break Below Two Hundred Day Moving Average – What’s Next?

Zephyr Minerals Ltd. (CVE:ZFR – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of C$0.07 and traded as low as C$0.06. Zephyr Minerals shares last traded at C$0.06, with a volume of 5,000 shares changing hands.

Zephyr Minerals Trading Down 25.0%

The company has a current ratio of 1.39, a quick ratio of 3.78 and a debt-to-equity ratio of 0.46. The business’s fifty day simple moving average is C$0.06 and its two-hundred day simple moving average is C$0.07. The stock has a market capitalization of C$5.60 million, a P/E ratio of -15.00 and a beta of 0.55.

About Zephyr Minerals

(Get Free Report)

Zephyr Minerals Ltd., through its subsidiary, Zephyr Gold USA Ltd., engages in the exploration, evaluation, and development of mineral properties in Canada, Zimbabwe, and the United States. It explores for gold, silver, zinc, and lead deposits. The company was incorporated in 2010 and is headquartered in Halifax, Canada.

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