RIV Capital (TSE:RIV) Shares Down 6.3%

RIV Capital Inc. (TSE:RIV)’s stock price dropped 6.3% on Monday . The stock traded as low as C$1.42 and last traded at C$1.50. Approximately 544,175 shares traded hands during mid-day trading, an increase of 35% from the average daily volume of 403,976 shares. The stock had previously closed at C$1.60.

RIV Capital Trading Down 6.3 %

The company has a quick ratio of 117.80, a current ratio of 118.18 and a debt-to-equity ratio of 0.14. The stock has a market cap of C$213.65 million and a P/E ratio of -1.63. The stock’s fifty day moving average price is C$1.50.

RIV Capital (TSE:RIV) last posted its earnings results on Thursday, May 30th. The company reported C($0.05) earnings per share for the quarter. The business had revenue of C$2.88 million for the quarter. As a group, analysts forecast that RIV Capital Inc. will post 0.01 EPS for the current fiscal year.

RIV Capital Company Profile

RIV Capital Inc, formerly known as Canopy Rivers Inc, is a venture capital firm. The firm is a stage agnostic, with seed to sale, although it prefers to invest in series A to C rounds. It prefers to make investments in cannabis sector with focus on burgeoning marijuana companies and sectors like agriculture and food sciences, production, processing, pharmaceuticals and biotechnology, software and data, hardware, consumer products and accessories, wellness products, retail and distribution, and media and content.