Adventus Mining Co. (OTCMKTS:ADVZF) saw a large decrease in short interest in the month of August. As of August 31st, there was short interest totalling 700 shares, a decrease of 91.3% from the August 15th total of 8,000 shares. Based on an average daily volume of 238,700 shares, the days-to-cover ratio is presently 0.0 days.
ADVZF stock opened at $0.73 on Wednesday. The business has a 50 day simple moving average of $0.75 and a 200-day simple moving average of $0.82. Adventus Mining has a 1 year low of $0.62 and a 1 year high of $1.06.
A number of equities analysts have commented on ADVZF shares. National Bankshares reduced their target price on Adventus Mining from C$1.70 to C$1.65 and set an “outperform” rating for the company in a report on Friday, September 10th. Raymond James increased their target price on Adventus Mining from C$2.00 to C$2.25 and gave the company an “outperform” rating in a report on Wednesday, June 9th.
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.
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