Adventus Mining Co. (OTCMKTS:ADVZF) Sees Significant Growth in Short Interest

Adventus Mining Co. (OTCMKTS:ADVZF – Get Rating) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totalling 10,600 shares, a growth of 523.5% from the April 15th total of 1,700 shares. Based on an average daily trading volume, of 91,300 shares, the short-interest ratio is presently 0.1 days.

Several equities research analysts have recently issued reports on ADVZF shares. Raymond James decreased their price target on shares of Adventus Mining from C$2.00 to C$1.75 in a research note on Thursday, January 27th. National Bank Financial decreased their target price on Adventus Mining from C$1.60 to C$1.40 in a research report on Friday, April 8th.

OTCMKTS ADVZF traded down $0.04 during trading on Wednesday, hitting $0.41. 105,600 shares of the company’s stock traded hands, compared to its average volume of 42,595. Adventus Mining has a 12-month low of $0.40 and a 12-month high of $1.04. The business has a 50 day moving average of $0.57 and a 200-day moving average of $0.67.

About Adventus Mining (Get Rating)

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

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