Zephyr Minerals (CVE:ZFR) Trading Down 14.3% – Here’s Why

Zephyr Minerals Ltd. (CVE:ZFRGet Free Report)’s stock price dropped 14.3% on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 252,500 shares were traded during mid-day trading, an increase of 637% from the average daily volume of 34,250 shares. The stock had previously closed at C$0.04.

Zephyr Minerals Trading Down 14.3 %

The firm has a market cap of C$2.37 million, a PE ratio of -1.75 and a beta of 0.39. The company’s fifty day moving average price is C$0.04 and its two-hundred day moving average price is C$0.05. The company has a quick ratio of 3.78, a current ratio of 3.60 and a debt-to-equity ratio of 0.49.

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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