Canopy Rivers Inc (CVE:RIV) traded up 4.3% during mid-day trading on Friday . The stock traded as high as C$4.13 and last traded at C$4.10. 119,565 shares changed hands during trading, a decline of 85% from the average session volume of 795,310 shares. The stock had previously closed at C$3.93.
Several equities research analysts have issued reports on the stock. Eight Capital set a C$12.00 target price on shares of Canopy Rivers and gave the company a “buy” rating in a research report on Tuesday, October 16th. Pi Financial set a C$10.00 target price on shares of Canopy Rivers and gave the company a “buy” rating in a research report on Monday, October 15th.
The company has a current ratio of 14.86, a quick ratio of 14.58 and a debt-to-equity ratio of 0.11.
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Canopy Rivers Inc is a public investment firm. It prefers to make investments in cannabis sector with focus on burgeoning marijuana companies. It seeks to make minority stakes. The company is headquartered in Toronto, Canada.
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