Zoltav Resources Inc. (LON:ZOL – Get Free Report) was down 30% during trading on Thursday . The company traded as low as GBX 5 ($0.06) and last traded at GBX 10.50 ($0.13). Approximately 8,000 shares traded hands during mid-day trading, a decline of 2% from the average daily volume of 8,198 shares. The stock had previously closed at GBX 15 ($0.19).
Zoltav Resources Price Performance
The company has a debt-to-equity ratio of 114.58, a quick ratio of 0.07 and a current ratio of 0.10. The company has a market capitalization of £14.91 million and a price-to-earnings ratio of -2.10. The company has a 50-day moving average price of GBX 10.50 and a 200-day moving average price of GBX 10.50.
About Zoltav Resources
Zoltav Resources Inc engages in the acquisition, exploration, development, and production of hydrocarbons in Russia. The company holds interests in the Bortovoy license covering an area of 3,215 square kilometers with proved plus probable reserves of 750 billion cubic feet of gas, and 3.9 million barrels of oil and condensate located in the Saratov region of south western Russia.
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