Inventus Mining (CVE:IVS) Stock Price Up 23.8% – Still a Buy?

Inventus Mining Corp. (CVE:IVSGet Free Report)’s stock price rose 23.8% during mid-day 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 current ratio of 1.44, a quick ratio of 0.07 and a debt-to-equity ratio of 41.50. The company has a market capitalization of C$21.83 million, a P/E ratio of -7.00 and a beta of 0.83. The stock has a 50 day moving average of C$0.10 and a 200-day moving average of C$0.09.

Inventus Mining Company Profile

(Get Free Report)

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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