Inventus Mining (CVE:IVS) Stock Price Up 23.8% – Should You Buy?

Inventus Mining Corp. (CVE:IVSGet Free Report)’s stock price rose 23.8% during trading on Saturday . The company traded as high as C$0.13 and last traded at C$0.13. Approximately 626,040 shares were traded during trading, an increase of 746% from the average daily volume of 74,012 shares. The stock had previously closed at C$0.11.

Inventus Mining Trading Up 23.8%

The company has a market cap of C$21.83 million, a price-to-earnings ratio of -7.00 and a beta of 0.83. The business’s fifty day moving average price is C$0.10 and its 200 day moving average price is C$0.09. The company has a debt-to-equity ratio of 41.50, a current ratio of 1.44 and a quick ratio of 0.07.

About Inventus Mining

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Inventus Mining Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for gold and base metals. It holds 100% interests in the Pardo Paleoplacer gold project covering an area of 3.8 square kilometers block of mineral leases and 180 square kilometers of mineral claims; and Sudbury 2.0 project totaling an area of 240 square kilometers of mineral claims located in Sudbury Mining Division, Ontario.

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