Inventus Mining (CVE:IVS) Trading 23.8% Higher – Here’s Why

Inventus Mining Corp. (CVE:IVS) traded up 23.8% on Saturday . The company traded as high as C$0.13 and last traded at C$0.13. 626,040 shares changed hands during mid-day trading, an increase of 746% from the average session volume of 74,012 shares. The stock had previously closed at C$0.11.

Inventus Mining Stock Performance

The stock has a market cap of C$21.83 million, a PE ratio of -7.00 and a beta of 0.83. The stock has a fifty day simple moving average of C$0.10 and a two-hundred day simple moving average of C$0.09. The company has a debt-to-equity ratio of 41.50, a quick ratio of 0.07 and a current ratio of 1.44.

Inventus Mining Company Profile

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.