Adventus Mining (CVE:ADZN) Stock Price Down 4.3%

Shares of Adventus Mining Co. (CVE:ADZN) fell 4.3% during mid-day trading on Wednesday . The stock traded as low as C$0.43 and last traded at C$0.45. 557,312 shares traded hands during trading, a decline of 26% from the average session volume of 757,468 shares. The stock had previously closed at C$0.47.

Analyst Ratings Changes

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

Adventus Mining Price Performance

The company has a market capitalization of C$200.15 million, a P/E ratio of -4.45 and a beta of 1.43. The company has a fifty day moving average price of C$0.43 and a 200 day moving average price of C$0.41. The company has a debt-to-equity ratio of 4.21, a current ratio of 0.49 and a quick ratio of 1.91.

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.