Revive Therapeutics (RVV) Trading 16.7% Higher

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Revive Therapeutics Ltd (CVE:RVV)’s share price traded up 16.7% during mid-day trading on Wednesday . The company traded as high as C$0.18 and last traded at C$0.18. 388,986 shares were traded during trading, an increase of 251% from the average session volume of 110,775 shares. The stock had previously closed at C$0.15.

The stock has a market capitalization of $7.24 million and a PE ratio of -6.30.

Revive Therapeutics (CVE:RVV) last announced its earnings results on Thursday, February 28th. The company reported C($0.01) earnings per share (EPS) for the quarter.

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About Revive Therapeutics (CVE:RVV)

Revive Therapeutics Ltd. develops and commercializes cannabinoid-based products in Canada. The company develops REV-002, a bucillamine that has completed Phase II-A clinical studies for the treatment of acute gout flares. Its product pipeline also includes REV-004, a bucillamine for the treatment of cystinurial.

Read More: What is Net Asset Value (NAV)?

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