Adventus Mining Co. (OTCMKTS:ADVZF) saw a significant drop in short interest in August. As of August 31st, there was short interest totalling 700 shares, a drop of 91.3% from the August 15th total of 8,000 shares. Based on an average daily trading volume, of 238,700 shares, the short-interest ratio is currently 0.0 days.
ADVZF has been the topic of several research reports. Raymond James raised their price objective on Adventus Mining from C$2.00 to C$2.25 and gave the stock an “outperform” rating in a report on Wednesday, June 9th. National Bankshares dropped their price objective on Adventus Mining from C$1.70 to C$1.65 and set an “outperform” rating on the stock in a report on Friday, September 10th.
Shares of ADVZF stock opened at $0.73 on Wednesday. The stock’s 50-day moving average is $0.75 and its two-hundred day moving average is $0.82. Adventus Mining has a 1 year low of $0.62 and a 1 year high of $1.06.
Adventus Mining Corp. engages in the exploration and development of mineral properties in Ecuador, Canada, and Ireland. The firm explores for gold, silver, zinc, copper, and lead deposits. Its principal property is the Curipamba project located in Ecuador. The company was founded on October 24, 2016 and is headquartered in Toronto, Canada.
Further Reading: Average Daily Trade Volume Explained
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