It Seems Zenyatta Ventures Ltd Will Go Down. Have Another Big Decline


The stock of Zenyatta Ventures Ltd (CVE:ZEN) is a huge mover today! The stock decreased 4.21% or $0.04 on September 13, hitting $0.91. About 35,670 shares traded hands. Zenyatta Ventures Ltd (CVE:ZEN) has risen 6.00% since August 14, 2016 and is uptrending. It has underperformed by 10.49% the S&P500.
The move comes after 5 months negative chart setup for the $58.72M company. It was reported on Sep, 13 by We have $0.81 PT which if reached, will make CVE:ZEN worth $6.46M less.

Zenyatta Ventures Ltd. is a junior mineral exploration firm focused primarily on mineral deposits in Northern Ontario, Canada. The company has a market cap of $58.72 million. The Firm is engaged in exploring mining projects and holds an interest in exploration licenses on properties in the Arc of Fire area in Northern Ontario. It currently has negative earnings. The properties, located north of Lake Superior and west of James Bay in north-western Ontario, are unpatented, noncontiguous, and consist of approximately 10 blocks of claims , approximately 160 claims and over 2,360 claim units, totaling approximately 376.96 square kilometers and over 37,700 hectares (the Claims).

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