Adventus Mining (CVE:ADZN) Trading Down 1.3%

Adventus Mining Co. (CVE:ADZN)’s stock price dropped 1.3% during trading on Tuesday . The stock traded as low as C$0.37 and last traded at C$0.37. Approximately 295,500 shares were traded during trading, a decline of 58% from the average daily volume of 706,400 shares. The stock had previously closed at C$0.38.

Analyst Upgrades and Downgrades

Separately, National Bankshares cut shares of Adventus Mining from an “outperform” rating to a “tender” rating and dropped their target price for the company from C$0.65 to C$0.55 in a report on Monday, June 10th.

Adventus Mining Stock Performance

The company has a debt-to-equity ratio of 5.80, a quick ratio of 1.91 and a current ratio of 0.58. The stock’s fifty day moving average price is C$0.46 and its 200-day moving average price is C$0.37. The company has a market capitalization of C$166.13 million, a P/E ratio of -3.70 and a beta of 1.25.

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.