Inventus Mining (CVE:IVS) Trading 23.8% Higher – Time to Buy?

Inventus Mining Corp. (CVE:IVSGet Free Report) shares traded up 23.8% on Saturday . The stock traded as high as C$0.13 and last traded at C$0.13. 626,040 shares were traded 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 Trading Up 23.8%

The company has a quick ratio of 0.07, a current ratio of 1.44 and a debt-to-equity ratio of 41.50. The stock has a market capitalization of C$21.83 million, a P/E ratio of -7.00 and a beta of 0.83. The firm’s 50 day simple moving average is C$0.10 and its two-hundred day simple moving average is C$0.09.

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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