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Zim stock – Stock Price, Quote and News
The stock price for Zim Mining is currently trading at $0.92 with a volume of 1,894 shares traded as of 03:09 PM ET on March 28th. This represents a change of -1% from the previous day’s closing price of $0.94. The company has a current market capitalization of $134.3 million and has a P/E ratio of 16.30.
In terms of news, Zim Mining announced that it has secured financing in the amount of US$10 million to support its exploration and development activities in Zambia. The company also provides an update on its progress with respect to the ongoing feasibility study for its flagship project, the Mkushi Copper Deposit in Zimbabwe.
Zim news – Latest News
Zim company is one of the leading mining and exploration companies in Zimbabwe. The company has interests in coal, platinum, nickel and other minerals. Zim also manufactures cement, aluminium and steel products. The company’s primary initiatives are the development of its coal reserves and the expansion of its nickel operation. In 2017, Zim reported a profit of $60 million on revenue of $558 million. The company is expected to report a profit of $130 million on revenue of $1.07 billion in 2018. Zim stock prices are currently trading at $3.86 per share, down 0.27% from yesterday’s close. The consensus price target for the stock is $5.10 per share according to Thomson Reuters data.
Zim company – Company Profile
Zim Company is a Zimbabwean company, which manufactures and sells cement, bricks and other construction materials. The company was founded in 1951 and is headquartered in Harare. The company has operations in Zimbabwe, Mozambique and Zambia. In fiscal year 2016, the company posted revenue of US$264 million. Zim Company’s stock price closed at ZIM4,262 on Dec 7th 2016, with a market capitalization of $1.4 billion.
Zim Incorporated – Company History
Zim Incorporated (ZIM) is a South African-based technology company that provides innovative solutions to the business and education markets. Zim has a history dating back to 1932 and has played a significant role in the development of technology in Africa.
Today, Zim offers solutions across text messaging, voice over IP (VoIP), cloud computing, social networking, and mobile applications. The company’s VoIP capabilities allow businesses to communicate securely through the use of voice over Internet Protocol (VoIP). Additionally, Zim offers a cloud computing solution that allows customers to access applications and data from anywhere in the world.
Zim also operates a social network called ZimSocial. The social network allows users to connect with friends and share content. In addition, Zim provides educational solutions that allow schools to migrate to digital platforms. These solutions provide teachers with tools to improve learning outcomes for their students.
Zim stock was upgraded by RBC Capital Markets on February 10th 2017 from a “hold” rating to an “overweight” rating. This positive outlook is based on expectations for strong growth in both the consumer and commercial segments of the business
Zim stock price history – Chart of zim stock price history
Looking at the zim stock price history, it’s clear that there has been a lot of volatility in the past. In fact, over the past year alone, the stock has seen a whopping 95% spike and 97% dip! This makes it difficult to predict what the future holds for zim stock, but with analyst predictions ranging from a low of $0.27 to a high of $2.69, there is definitely room for growth on Wall Street.