Chatham Rock Phosphate (CVE:NZP) Reaches New 1-Year Low – What’s Next?

Chatham Rock Phosphate Limited (CVE:NZPGet Free Report) shares reached a new 52-week low on Monday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 1012 shares traded. The stock had previously closed at C$0.05.

Chatham Rock Phosphate Stock Down 11.1%

The company has a market capitalization of C$4.49 million, a price-to-earnings ratio of -6.15 and a beta of 1.34. The company has a quick ratio of 10.98, a current ratio of 0.69 and a debt-to-equity ratio of 0.67. The business has a 50-day moving average price of C$0.04 and a 200-day moving average price of C$0.04.

About Chatham Rock Phosphate

(Get Free Report)

Chatham Rock Phosphate Limited operates as a mineral development company in New Zealand, French Polynesia, and Australia. It focuses on the development and exploitation of the Chatham Rise rock phosphate deposit, which comprises a mining permit covering an area of 820 square kilometers located in New Zealand; and Makatea phosphate project. The company is based in Wellington, New Zealand.

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