Adventus Mining (CVE:ADZN) Trading 5% Higher

Adventus Mining Co. (CVE:ADZN)’s share price rose 5% on Thursday . The company traded as high as C$0.42 and last traded at C$0.42. Approximately 442,300 shares traded hands during trading, an increase of 22% from the average daily volume of 363,860 shares. The stock had previously closed at C$0.40.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on ADZN shares. Raymond James reduced their price objective on Adventus Mining from C$1.50 to C$1.00 and set an “outperform” rating on the stock in a research note on Friday, January 26th. National Bankshares decreased their price objective on Adventus Mining from C$0.75 to C$0.60 and set an “outperform” rating for the company in a research note on Monday, January 8th.

Adventus Mining Trading Up 5.0 %

The stock has a market cap of C$160.26 million, a price-to-earnings ratio of -10.50 and a beta of 1.22. The business’s 50 day moving average is C$0.32 and its 200 day moving average is C$0.30. The company has a debt-to-equity ratio of 5.06, a current ratio of 0.34 and a quick ratio of 1.91.

Adventus Mining Company Profile

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.