Zimtu Capital (CVE:ZC) Shares Down 3.8% – Here’s Why

Zimtu Capital Corp. (CVE:ZCGet Free Report) traded down 3.8% during trading on Monday . The company traded as low as C$0.50 and last traded at C$0.50. 16,000 shares changed hands during trading, an increase of 54% from the average session volume of 10,415 shares. The stock had previously closed at C$0.52.

Zimtu Capital Price Performance

The company has a debt-to-equity ratio of 0.19, a quick ratio of 26.23 and a current ratio of 113.09. The company has a 50-day moving average of C$0.58 and a 200-day moving average of C$0.57. The firm has a market capitalization of C$8.53 million, a price-to-earnings ratio of 0.28 and a beta of 1.13.

Zimtu Capital Company Profile

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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.

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