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

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

Rover Critical Minerals Price Performance

The stock’s fifty day moving average price is C$0.02 and its 200-day moving average price is C$0.02. The company has a current ratio of 0.16, a quick ratio of 0.24 and a debt-to-equity ratio of 0.62. The firm has a market cap of C$1.30 million, a price-to-earnings 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.