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

Rover Critical Minerals Corp. (CVE:ROVR)’s share price dropped 20% on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 939,667 shares traded hands during mid-day 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 has a market capitalization of C$1.30 million, a P/E ratio of -0.67 and a beta of 1.14. The business’s 50 day simple moving average is C$0.02 and its two-hundred day simple moving average 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.

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.