Shares of Rover Metals Corp. (CVE:ROVR – Get Rating) reached a new 52-week low on Monday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 229000 shares traded. The stock had previously closed at C$0.04.
Separately, Fundamental Research boosted their target price on Rover Metals from C$0.18 to C$0.19 and gave the stock a “buy” rating in a research note on Friday, January 28th.
The company has a current ratio of 7.80, a quick ratio of 6.04 and a debt-to-equity ratio of 0.87. The business’s 50 day moving average is C$0.05. The stock has a market cap of C$5.65 million and a P/E ratio of -2.67.
Rover Metals Corp., a precious metals exploration company, owns, exploits, explores for, develops, and evaluates mineral properties in North America. The company primarily explores for gold resources. Its flagship property is the Cabin Lake gold-in-iron formation property covering the total area of 1,503 hectares located in the Northwest Territories.
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