Rover Critical Minerals (CVE:ROVR) Shares Down 40% – Here’s Why

Rover Critical Minerals Corp. (CVE:ROVR)’s stock price dropped 40% on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 914,667 shares were traded during trading, an increase of 365% from the average daily volume of 196,619 shares. The stock had previously closed at C$0.03.

Rover Critical Minerals Price Performance

The firm has a market capitalization of C$1.30 million, a price-to-earnings ratio of -0.67 and a beta of 1.14. 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 business has a 50-day moving average price of C$0.02 and a two-hundred day moving average price of C$0.02.

About Rover Critical Minerals

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.