Kaizen Discovery (CVE:KZD) Stock Price Down 28.6%

Kaizen Discovery Inc (CVE:KZD) dropped 28.6% during trading on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03, approximately 332,000 shares changed hands during trading. An increase of 442% from the average daily volume of 61,276 shares. The stock had previously closed at C$0.04.

The business’s 50-day moving average price is C$0.04 and its 200 day moving average price is C$0.05. The company has a debt-to-equity ratio of 238.55, a current ratio of 0.83 and a quick ratio of 0.42. The firm has a market capitalization of $9.52 million and a price-to-earnings ratio of -1.92.

About Kaizen Discovery (CVE:KZD)

Kaizen Discovery Inc explores for and develops mineral projects in Peru and Canada. It holds interests in the Pinaya Copper-Gold Project that covers an area of 192 square kilometers and includes 28 kilometers of strike length within the Andahuaylas – Yauri Porphyry Belt in southeastern Peru. The company is headquartered in Vancouver, Canada.

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