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Zentek Ltd. Reports Decrease in Assets and Equity in Latest Financial Statement

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Zentek Ltd. Reports Decrease in Assets and Equity in Latest Financial Statement

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Zentek ( (TSE:ZEN) ) has provided an update.

Zentek Ltd. released its unaudited condensed interim consolidated financial statements for the three and nine months ended December 31, 2024, and 2023, indicating a decrease in total assets from March 31, 2024, to December 31, 2024. The report highlights an increase in current liabilities and a decrease in shareholders’ equity over the period, reflecting challenges in financial stability. These financial results may impact Zentek’s operational strategies and market positioning as the company navigates its financial obligations and asset management.

More about Zentek

YTD Price Performance: 11.22%

Average Trading Volume: 54,580

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $112.2M

For a thorough assessment of ZEN stock, go to TipRanks’ Stock Analysis page.

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