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

RIV Capital Inc. (TSE:RIV) fell 6.3% during trading on Monday . The company traded as low as C$1.42 and last traded at C$1.50. 544,175 shares changed hands during trading, an increase of 35% from the average session volume of 403,976 shares. The stock had previously closed at C$1.60.

RIV Capital Stock Down 6.3 %

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

RIV Capital (TSE:RIV) last released its earnings results on Thursday, May 30th. The company reported C($0.05) earnings per share for the quarter. The company had revenue of C$2.88 million for the quarter. As a group, analysts anticipate 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.