Zoltav Resources (LON:ZOL) Shares Cross Below 50-Day Moving Average of $10.50

Shares of Zoltav Resources Inc. (LON:ZOLGet Rating) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 10.50 ($0.13) and traded as low as GBX 5 ($0.06). Zoltav Resources shares last traded at GBX 10.50 ($0.13), with a volume of 8,000 shares.

Zoltav Resources Stock Performance

The stock has a market cap of £14.91 million and a P/E ratio of -2.10. The company has a 50 day simple moving average of GBX 10.50 and a 200-day simple moving average of GBX 11.18. The company has a debt-to-equity ratio of 114.58, a current ratio of 0.10 and a quick ratio of 0.07.

About Zoltav Resources

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Zoltav Resources Inc engages in the acquisition, exploration, development, and production of hydrocarbons in Russia. The company holds interests in the Bortovoy license covering an area of 3,215 square kilometers with proved plus probable reserves of 750 billion cubic feet of gas, and 3.9 million barrels of oil and condensate located in the Saratov region of south western Russia.

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