Adventus Mining (CVE:ADZN – Get Rating) had its price target lowered by Raymond James from C$1.75 to C$1.50 in a report released on Monday, BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.
Separately, National Bankshares reduced their target price on shares of Adventus Mining from C$0.90 to C$0.80 in a research report on Monday, January 9th.
Adventus Mining Stock Performance
Shares of CVE:ADZN opened at C$0.53 on Monday. The firm has a market cap of C$95.20 million and a PE ratio of 3.79. The firm’s 50 day simple moving average is C$0.51 and its 200-day simple moving average is C$0.44. Adventus Mining has a one year low of C$0.29 and a one year high of C$0.89. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.91 and a current ratio of 2.11.
About Adventus Mining
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.
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