Zephyr Minerals (CVE:ZFR) Stock Breaks Below 200-Day Moving Average – Here’s Why

Shares of Zephyr Minerals Ltd. (CVE:ZFR – Get Free Report) passed below its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of C$0.07 and traded as low as C$0.06. Zephyr Minerals shares last traded at C$0.06, with a volume of 5,000 shares.

Zephyr Minerals Price Performance

The stock has a 50-day simple moving average of C$0.06 and a 200 day simple moving average of C$0.07. The company has a debt-to-equity ratio of 0.46, a quick ratio of 3.78 and a current ratio of 1.39. The stock has a market capitalization of C$5.60 million, a P/E ratio of -15.00 and a beta of 0.55.

About Zephyr Minerals

(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.

Further Reading

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