Zephyr Minerals (CVE:ZFR) Shares Up 28.6% – Here’s Why

Zephyr Minerals Ltd. (CVE:ZFRGet Free Report) shot up 28.6% on Friday . The stock traded as high as C$0.05 and last traded at C$0.05. 2,812,000 shares changed hands during mid-day trading, an increase of 3,712% from the average session volume of 73,758 shares. The stock had previously closed at C$0.04.

Zephyr Minerals Price Performance

The stock has a market capitalization of C$3.56 million, a price-to-earnings ratio of -11.38 and a beta of 0.39. The company has a debt-to-equity ratio of 0.50, a quick ratio of 3.78 and a current ratio of 2.88. The company has a fifty day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.04.

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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