Adventus Mining (CVE:ADZN) Trading Down 4.3% – Here’s Why

Shares of Adventus Mining Co. (CVE:ADZNGet Free Report) were down 4.3% during mid-day trading on Monday . The company traded as low as C$0.43 and last traded at C$0.45. Approximately 557,313 shares changed hands during mid-day trading, a decline of 26% from the average daily volume of 757,468 shares. The stock had previously closed at C$0.47.

Adventus Mining Price Performance

The business has a fifty day moving average of C$0.45 and a 200 day moving average of C$0.45. The company has a quick ratio of 1.91, a current ratio of 0.49 and a debt-to-equity ratio of 3.20. The firm has a market cap of C$140.73 million, a P/E ratio of -9.77 and a beta of 1.43.

Adventus Mining Company Profile

(Get Free Report)

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.

Further Reading

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