Adventus Mining (CVE:ADZN) Trading Down 4.3% – Time to Sell?

Adventus Mining Co. (CVE:ADZNGet Free Report)’s share price dropped 4.3% during mid-day trading on Friday . The stock traded as low as C$0.43 and last traded at C$0.45. Approximately 557,313 shares changed hands during mid-day trading, a decline of 26% from the average daily volume of 757,468 shares. The stock had previously closed at C$0.47.

Adventus Mining Price Performance

The stock has a market capitalization of C$140.73 million, a price-to-earnings ratio of -9.77 and a beta of 1.43. The company has a current ratio of 0.49, a quick ratio of 1.91 and a debt-to-equity ratio of 3.20. The stock has a 50-day simple moving average of C$0.45 and a 200 day simple moving average of C$0.45.

Adventus Mining Company Profile

(Get Free Report)

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.

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