Rover Critical Minerals (CVE:ROVR) Shares Down 20% – Here’s Why

Rover Critical Minerals Corp. (CVE:ROVR) traded down 20% during mid-day trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. 939,667 shares traded hands during mid-day trading, an increase of 374% from the average session volume of 198,405 shares. The stock had previously closed at C$0.03.

Rover Critical Minerals Trading Down 20.0 %

The firm’s 50-day moving average price is C$0.02 and its 200-day moving average price is C$0.02. The company has a quick ratio of 0.24, a current ratio of 0.16 and a debt-to-equity ratio of 0.62. The company has a market cap of C$1.30 million, a P/E ratio of -0.67 and a beta of 1.14.

Rover Critical Minerals Company Profile

Rover Critical Minerals Corp., a junior mining company, engages in the acquisition, exploitation, exploration, evaluation, and development of mineral properties in North America. It primarily explores for lithium, gold, silver, and copper deposits. The company holds 100% interests in the Cabin Gold project, a gold-in-iron formation property covering an area of approximately 1,503 hectares located in the Northwest Territories; and Slemon Gold and Camp Gold projects located near northwest of Yellowknife.