Inventus Mining (CVE:IVS) Hits New 1-Year High – Still a Buy?

Shares of Inventus Mining Corp. (CVE:IVS) hit a new 52-week high on Wednesday . The company traded as high as C$0.09 and last traded at C$0.08, with a volume of 45000 shares trading hands. The stock had previously closed at C$0.09.

Inventus Mining Stock Down 5.9 %

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 firm has a market cap of C$13.44 million, a PE ratio of -7.00 and a beta of 0.83. The business has a fifty day moving average price of C$0.05 and a two-hundred day moving average price of C$0.05.

Insider Activity at Inventus Mining

In other news, Director Glen Alexander Milne acquired 577,000 shares of Inventus Mining stock in a transaction that occurred on Tuesday, November 19th. The stock was purchased at an average price of C$0.06 per share, with a total value of C$31,735.00. Over the last 90 days, insiders bought 1,952,000 shares of company stock valued at $99,235. 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.