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

Inventus Mining Corp. (CVE:IVSGet Free Report)’s stock price was up 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 Stock Performance

The company has a debt-to-equity ratio of 41.50, a quick ratio of 0.07 and a current ratio of 1.44. 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 business has a 50 day moving average of C$0.10 and a 200-day moving average of C$0.09.

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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