Zentek (CVE:ZEN) Issues Quarterly Earnings Results

Zentek (CVE:ZEN) released its quarterly earnings results on Monday. The mining company reported C($0.03) EPS for the quarter, reports. The business had revenue of C$0.01 million during the quarter.

Zentek Trading Down 2.3 %

ZEN opened at C$1.27 on Thursday. The firm has a market cap of C$127.97 million, a price-to-earnings ratio of -10.58 and a beta of 0.84. Zentek has a 52 week low of C$1.25 and a 52 week high of C$2.12. The business’s 50 day moving average is C$1.39 and its two-hundred day moving average is C$1.54. The company has a quick ratio of 7.59, a current ratio of 3.43 and a debt-to-equity ratio of 6.16.

About Zentek

Zentek Ltd. engages in the research and development of graphene and related nanomaterials in Canada. It owns 100% interest in the Albany Graphite project located in Northern Ontario, 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 compound.