Adventus Mining (CVE:ADZN) Trading Down 1.1%

Adventus Mining Co. (CVE:ADZN) was down 1.1% during trading on Monday . The stock traded as low as C$0.45 and last traded at C$0.46. Approximately 720,083 shares changed hands during mid-day trading, a decline of 2% from the average daily volume of 731,662 shares. The stock had previously closed at C$0.46.

Analysts Set New Price Targets

Separately, National Bankshares cut shares of Adventus Mining from an “outperform” rating to a “tender” rating and lowered their target price for the company from C$0.65 to C$0.55 in a research note on Monday, June 10th.

Adventus Mining Stock Performance

The firm’s 50 day simple moving average is C$0.48 and its 200 day simple moving average is C$0.36. The firm has a market cap of C$213.28 million, a PE ratio of -4.75 and a beta of 1.25. The company has a current ratio of 0.58, a quick ratio of 1.91 and a debt-to-equity ratio of 5.80.

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.