Zephyr Minerals (CVE:ZFR) Shares Down 33.3% – Time to Sell?

Zephyr Minerals Ltd. (CVE:ZFRGet Free Report) dropped 33.3% during trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 381,000 shares were traded during trading, an increase of 960% from the average daily volume of 35,955 shares. The stock had previously closed at C$0.03.

Zephyr Minerals Price Performance

The stock has a market capitalization of C$2.37 million, a PE ratio of -1.50 and a beta of 0.39. The firm’s 50 day simple moving average is C$0.03 and its 200 day simple moving average is C$0.04. The company has a debt-to-equity ratio of 0.49, a current ratio of 3.60 and a quick ratio of 3.78.

Zephyr Minerals Company Profile

(Get Free Report)

Zephyr Minerals Ltd., through its subsidiary, Zephyr Gold USA Ltd., engages in the exploration, evaluation, and development of mineral properties in Canada, Zimbabwe, and the United States. It explores for gold, silver, zinc, and lead deposits. The company was incorporated in 2010 and is headquartered in Halifax, Canada.

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