Zimtu Capital (CVE:ZC) Shares Up 12.5%

Zimtu Capital Corp. (CVE:ZC)’s stock price shot up 12.5% during mid-day trading on Thursday . The company traded as high as C$0.06 and last traded at C$0.05. 272,000 shares were traded during trading, an increase of 696% from the average session volume of 34,170 shares. The stock had previously closed at C$0.04.

Zimtu Capital Stock Performance

The stock has a fifty day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.04. The stock has a market cap of C$2.85 million, a price-to-earnings ratio of -0.44 and a beta of 1.12. The company has a debt-to-equity ratio of 5.33, a quick ratio of 26.23 and a current ratio of 16.09.

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.