Zentek Ltd. (CVE:ZEN - Get Free Report)'s share price shot up 22.2% during mid-day trading on Thursday . The stock traded as high as C$1.70 and last traded at C$1.65. 146,338 shares were traded during mid-day trading, an increase of 340% from the average session volume of 33,250 shares. The stock had previously closed at C$1.35.
Zentek Stock Up 3.6 %
The firm has a market cap of C$179.78 million, a PE ratio of -16.51 and a beta of 0.77. The company has a debt-to-equity ratio of 4.97, a current ratio of 2.06 and a quick ratio of 7.59. The company has a 50-day simple moving average of C$1.49 and a 200-day simple moving average of C$1.33.
About Zentek
(
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Zentek Ltd., together with its subsidiaries, engages in the research and development of graphene and related nanomaterials in Canada. The company develops graphene-based antimicrobial coating under the ZenGUARD brand, surgical masks, HVAC filters, personal protective equipment, rapid detection point of care diagnostics tests, and pharmaceutical products based on graphene-based compounds.
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