Inventus Mining (CVE:IVS) Shares Down 13.6% – Here’s Why

Inventus Mining Corp. (CVE:IVS)’s stock price fell 13.6% on Monday . The company traded as low as C$0.10 and last traded at C$0.10. 123,500 shares were traded during mid-day trading, an increase of 115% from the average session volume of 57,418 shares. The stock had previously closed at C$0.11.

Inventus Mining Stock Down 9.1 %

The firm’s 50 day moving average is C$0.09 and its 200-day moving average is C$0.06. The firm has a market cap of C$16.80 million, a PE ratio of -7.00 and a beta of 0.83. The company has a quick ratio of 0.07, a current ratio of 1.44 and a debt-to-equity ratio of 41.50.

About Inventus Mining

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.