Canopy Rivers (RIV) PT Set at C$10.00 by Pi Financial

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Canopy Rivers (CVE:RIV) has been given a C$10.00 price target by analysts at Pi Financial in a note issued to investors on Monday, October 15th. The brokerage currently has a “buy” rating on the venture capital firm’s stock. Pi Financial’s price target indicates a potential upside of 122.72% from the stock’s current price.

CVE:RIV traded up C$0.23 during midday trading on Monday, reaching C$4.49. The stock had a trading volume of 515,500 shares, compared to its average volume of 874,165. Canopy Rivers has a 1-year low of C$0.12 and a 1-year high of C$11.82. The company has a current ratio of 14.86, a quick ratio of 14.58 and a debt-to-equity ratio of 0.11.

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.

Read More: Compound Annual Growth Rate (CAGR)

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