TIMIA Capital (CVE:TCA) Shares Down 12.3% – Here’s Why

TIMIA Capital Corp. (CVE:TCA) traded down 12.3% on Tuesday . The stock traded as low as C$0.47 and last traded at C$0.50. 44,450 shares changed hands during mid-day trading, a decline of 9% from the average session volume of 48,686 shares. The stock had previously closed at C$0.57.

TIMIA Capital Stock Performance

The company has a debt-to-equity ratio of 492.31, a current ratio of 1.02 and a quick ratio of 0.13. The firm has a market cap of C$29.80 million and a price-to-earnings ratio of -19.23. The firm has a fifty day simple moving average of C$0.50 and a two-hundred day simple moving average of C$0.50.

TIMIA Capital Company Profile

TIMIA Capital Corp. provides short term and revenue finance loans to technology companies in Canada and the United States. It also manages a portfolio of equity investments. The company was formerly known as GreenAngel Energy Corp. and changed its name to TIMIA Capital Corp. in September 2015. TIMIA Capital Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.