Adventus Mining (CVE:ADZN) Trading Down 4.3%

Shares of Adventus Mining Co. (CVE:ADZN) fell 4.3% during trading on Thursday . The company traded as low as C$0.43 and last traded at C$0.45. 557,312 shares changed hands during trading, a decline of 26% from the average session volume of 757,468 shares. The stock had previously closed at C$0.47.

Wall Street Analyst Weigh In

Separately, National Bankshares lowered Adventus Mining from an “outperform” rating to a “tender” rating and cut their price target for the company from C$0.65 to C$0.55 in a report on Monday, June 10th.

Adventus Mining Price Performance

The company has a current ratio of 0.49, a quick ratio of 1.91 and a debt-to-equity ratio of 4.21. The stock’s 50-day moving average is C$0.44 and its two-hundred day moving average is C$0.43. The company has a market capitalization of C$200.15 million, a PE ratio of -4.45 and a beta of 1.43.

Adventus Mining Company Profile

Adventus Mining Corporation engages in the acquisition, exploration, and development of mineral properties in Ecuador, Canada, and Ireland. The company explores for copper, gold, zinc, lead, silver, molybdenum, and tungsten deposits. Its principal project is the Curipamba property covering an area of 21,500 hectares located in Ecuador.