Adventus Mining (CVE:ADZN) Stock Price Up 5%

Adventus Mining Co. (CVE:ADZN) shares rose 5% during trading on Thursday . The stock traded as high as C$0.42 and last traded at C$0.42. Approximately 442,300 shares changed hands during mid-day 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

ADZN has been the topic of several research analyst reports. Raymond James dropped their price objective on Adventus Mining from C$1.50 to C$1.00 and set an “outperform” rating on the stock in a report on Friday, January 26th. National Bankshares dropped their price objective on Adventus Mining from C$0.75 to C$0.60 and set an “outperform” rating on the stock in a report on Monday, January 8th.

Adventus Mining Stock Performance

The firm has a market cap of C$167.89 million, a PE ratio of -11.00 and a beta of 1.22. The firm has a 50-day moving average price of C$0.32 and a two-hundred day moving average price of C$0.30. The company has a quick ratio of 1.91, a current ratio of 0.34 and a debt-to-equity ratio of 5.06.

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.