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

Inventus Mining Corp. (CVE:IVSGet Free Report)’s stock price shot up 23.8% during trading on Saturday . The stock 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 Price Performance

The company’s 50 day simple moving average is C$0.10 and its 200 day simple moving average 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. The stock has a market cap of C$21.83 million, a P/E ratio of -7.00 and a beta of 0.83.

About Inventus Mining

(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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