Zimtu Capital Boosts Stake in Apex Critical Metals, Triggers Early Warning Disclosure

Zimtu Capital ( (TSE:ZC) ) has issued an announcement.

Zimtu Capital Corp. has increased its equity position in Apex Critical Metals Corp. by acquiring 2.4 million shares through a warrant exercise at $0.06667 per share. This transaction lifts Zimtu’s holdings from 5,547,216 to 7,947,216 Apex common shares, plus 278,336 share purchase warrants, giving it 10.87% of Apex’s issued and outstanding common shares on an undiluted basis and 7.58% on a partially diluted basis. The move, undertaken for investment purposes, crosses the 2% ownership change threshold and triggers early warning disclosure requirements under Canadian securities regulations, underscoring Zimtu’s growing exposure to Apex while leaving open the possibility of future adjustments to its stake depending on market conditions.

The most recent analyst rating on (TSE:ZC) stock is a Buy with a C$0.60 price target. To see the full list of analyst forecasts on Zimtu Capital stock, see the TSE:ZC Stock Forecast page.

Spark’s Take on TSE:ZC Stock

According to Spark, TipRanks’ AI Analyst, TSE:ZC is a Neutral.

Zimtu Capital’s overall stock score is driven by its strong financial performance, characterized by robust revenue growth and profitability. The technical analysis indicates potential short-term weakness, but longer-term support remains. The valuation is attractive due to a very low P/E ratio, although the lack of a dividend yield is a consideration for some investors.

To see Spark’s full report on TSE:ZC stock, click here.

More about Zimtu Capital

Zimtu Capital Corp. is a public investment issuer focused on achieving long-term capital appreciation for its shareholders through holdings in companies operating across mineral exploration, mining, technology, life sciences and other investment sectors. The company is listed on the TSX Venture Exchange under the symbol ZC and on the Frankfurt Stock Exchange under the symbol ZCT1.

Average Trading Volume: 16,878

Technical Sentiment Signal: Buy

Current Market Cap: C$7.61M

Find detailed analytics on ZC stock on TipRanks’ Stock Analysis page.