Insider Selling: Zentek Ltd. (CVE:ZEN) Senior Officer Sells C$17,000.00 in Stock

Zentek Ltd. (CVE:ZEN) Senior Officer Colin Stuart Van Der Kuur sold 10,000 shares of the business’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of C$1.70, for a total transaction of C$17,000.00.

Zentek Stock Performance

Shares of ZEN opened at C$1.60 on Friday. The company has a 50-day moving average of C$1.08 and a two-hundred day moving average of C$1.28. The stock has a market cap of C$166.48 million, a P/E ratio of -13.33 and a beta of 0.77. Zentek Ltd. has a 12-month low of C$0.75 and a 12-month high of C$2.12. The company has a current ratio of 2.20, a quick ratio of 7.59 and a debt-to-equity ratio of 5.91.

About Zentek

Zentek Ltd., together with its subsidiaries, engages in the research and development of graphene and related nanomaterials in 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 compounds.