Chatham Rock Phosphate (CVE:NZP) Hits New 12-Month Low – Should You Sell?

Chatham Rock Phosphate Limited (CVE:NZPGet Free Report)’s stock price reached a new 52-week low during trading on Thursday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 40000 shares. The stock had previously closed at C$0.05.

Chatham Rock Phosphate Price Performance

The stock has a 50 day moving average of C$0.04 and a 200-day moving average of C$0.05. The company has a debt-to-equity ratio of 0.67, a quick ratio of 10.98 and a current ratio of 0.69. The company has a market cap of C$4.49 million, a PE ratio of -4.71 and a beta of 1.05.

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.

Further Reading

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