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

Adventus Mining Co. (CVE:ADZN)’s stock price was up 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 were traded during trading, an increase of 22% from the average daily volume of 363,860 shares. The stock had previously closed at C$0.40.

Analysts Set New Price Targets

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

Adventus Mining Price Performance

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

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.