Short Interest in Adventus Mining Co. (OTCMKTS:ADVZF) Rises By 152.8%

Adventus Mining Co. (OTCMKTS:ADVZFGet Rating) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totalling 26,800 shares, a growth of 152.8% from the April 30th total of 10,600 shares. Based on an average daily volume of 72,600 shares, the days-to-cover ratio is presently 0.4 days.

Several research firms have issued reports on ADVZF. Raymond James dropped their price objective on Adventus Mining from C$2.00 to C$1.75 in a report on Thursday, January 27th. National Bank Financial lowered their price target on Adventus Mining from C$1.60 to C$1.40 in a report on Friday, April 8th.

Shares of OTCMKTS ADVZF opened at $0.47 on Friday. Adventus Mining has a twelve month low of $0.39 and a twelve month high of $1.01. The business has a 50 day simple moving average of $0.53 and a 200-day simple moving average of $0.64.

Adventus Mining Company Profile (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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