Rover Critical Minerals (CVE:ROVR) Stock Price Down 40% – Time to Sell?

Rover Critical Minerals Corp. (CVE:ROVR)’s share price dropped 40% during mid-day trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 914,667 shares traded hands 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 Trading Down 20.0 %

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 stock has a market capitalization of C$1.30 million, a price-to-earnings ratio of -0.67 and a beta of 1.14. The business has a 50 day simple moving average of C$0.02 and a 200-day simple moving average 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.