Canopy Rivers (CVE:RIV) Price Target Cut to C$8.00 by Analysts at Eight Capital

Canopy Rivers (CVE:RIV) had its price objective lowered by Eight Capital from C$11.00 to C$8.00 in a report released on Wednesday, BayStreet.CA reports.

RIV opened at C$3.00 on Wednesday. The business has a fifty day moving average price of C$3.44. The company has a debt-to-equity ratio of 0.07, a quick ratio of 21.74 and a current ratio of 21.88. The company has a market capitalization of $168.95 million and a P/E ratio of 19.23. Canopy Rivers has a 12-month low of C$2.40 and a 12-month high of C$11.82.

About Canopy Rivers

Canopy Rivers Inc is a public investment firm. It prefers to make investments in cannabis sector with focus on burgeoning marijuana companies. It seeks to make minority stakes. The company is headquartered in Toronto, Canada.

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