Zadar Ventures (CVE:ZAD) Stock Jumps 7.1% – Here’s What Happened

Zadar Ventures Ltd. (CVE:ZAD – Get Free Report) shares shot up 7.1% during mid-day trading on Tuesday. The company traded as high as C$0.30 and last traded at C$0.30. Approximately 18,800 shares traded hands during trading, a decline of 52% from the average daily volume of 39,274 shares. The stock had previously closed at C$0.28.

Zadar Ventures Stock Performance

The stock has a 50 day moving average of C$0.30 and a 200 day moving average of C$0.30. The company has a market capitalization of C$20.25 million and a price-to-earnings ratio of -14.29. The company has a quick ratio of 6.76, a current ratio of 9.44 and a debt-to-equity ratio of 3.62.

About Zadar Ventures

(Get Free Report)

Zadar Ventures Ltd. engages in the acquisition, exploration, and development of mineral resource properties in Canada. The company was incorporated in 2008 and is headquartered in Vancouver, Canada.

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