Zimtu Capital (CVE:ZC) Shares Up 25% – Time to Buy?

Zimtu Capital Corp. (CVE:ZC) shares were up 25% during trading on Tuesday . The stock traded as high as C$0.75 and last traded at C$0.75. Approximately 777 shares changed hands during mid-day trading, a decline of 93% from the average daily volume of 11,145 shares. The stock had previously closed at C$0.60.

Zimtu Capital Trading Up 25.0%

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 fifty day simple moving average of C$0.54 and a 200-day simple moving average of C$0.40. The firm has a market cap of C$9.51 million, a P/E ratio of 0.99 and a beta of 1.40.

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. 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.