RIV Capital (TSE:RIV) Stock Price Down 6.3%

RIV Capital Inc. (TSE:RIV) shares dropped 6.3% during trading on Monday . The stock traded as low as C$1.42 and last traded at C$1.50. Approximately 544,175 shares changed 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 Stock Performance

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

RIV Capital (TSE:RIV) last posted its quarterly earnings data on Monday, April 29th. The company reported C$0.01 earnings per share for the quarter. The firm had revenue of C$2.81 million during the quarter. As a group, equities analysts predict that RIV Capital Inc. will post 0.01 earnings per share for the current fiscal year.

About RIV Capital

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.