Zimtu Capital (CVE:ZC) Shares Up 4% – Here’s What Happened

Zimtu Capital Corp. (CVE:ZCGet Free Report) shares shot up 4% during mid-day trading on Wednesday . The stock traded as high as C$0.26 and last traded at C$0.26. 11,600 shares were traded during trading, a decline of 50% from the average session volume of 22,993 shares. The stock had previously closed at C$0.25.

Zimtu Capital Stock Up 4.0%

The company has a debt-to-equity ratio of 2.21, a current ratio of 25.69 and a quick ratio of 26.23. The firm has a market cap of C$16.49 million, a price-to-earnings ratio of 9.32 and a beta of 0.93. The firm has a 50 day moving average price of C$0.18 and a 200-day moving average price of C$0.10.

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.

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