Inventus Mining (CVE:IVS) Trading Up 8.7% – What’s Next?

Inventus Mining Corp. (CVE:IVS)’s stock price was up 8.7% during trading on Wednesday . The company traded as high as C$0.25 and last traded at C$0.25. Approximately 451,000 shares were traded during mid-day trading, an increase of 256% from the average daily volume of 126,671 shares. The stock had previously closed at C$0.23.

Inventus Mining Trading Up 8.7%

The company has a market cap of C$41.99 million, a PE ratio of -7.00 and a beta of 0.83. 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 company has a 50-day moving average of C$0.21 and a 200 day moving average of C$0.15.

Insider Activity at Inventus Mining

In other Inventus Mining news, insider 2176423 Ontario Ltd. bought 11,842,000 shares of the company’s stock in a transaction on Tuesday, July 8th. The stock was acquired at an average price of C$0.16 per share, for a total transaction of C$1,894,720.00. Corporate insiders own 31.70% of the company’s stock.

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.