Chatham Rock Phosphate (CVE:NZP) Hits New 52-Week Low – What’s Next?

Chatham Rock Phosphate Limited (CVE:NZPGet Free Report) hit a new 52-week low during trading on Monday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 5570 shares changing hands. The stock had previously closed at C$0.05.

Chatham Rock Phosphate Price Performance

The company has a market capitalization of C$4.49 million, a P/E ratio of -6.15 and a beta of 0.96. The company’s 50-day simple moving average is C$0.04 and its 200 day simple moving average is C$0.05. The company has a quick ratio of 10.98, a current ratio of 0.69 and a debt-to-equity ratio of 0.67.

Chatham Rock Phosphate Company Profile

(Get Free Report)

Chatham Rock Phosphate Limited operates as a mineral development company in New Zealand, French Polynesia, and Australia. It focuses on the development and exploitation of the Chatham Rise rock phosphate deposit, which comprises a mining permit covering an area of 820 square kilometers located in New Zealand; and Makatea phosphate project. The company is based in Wellington, New Zealand.

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