Inventus Mining (CVE:IVS) Shares Up 3.6% – Time to Buy?

Inventus Mining Corp. (CVE:IVSGet Free Report) shares were up 3.6% on Thursday . The company traded as high as C$0.30 and last traded at C$0.29. Approximately 45,940 shares changed hands during trading, a decline of 74% from the average daily volume of 174,558 shares. The stock had previously closed at C$0.28.

Inventus Mining Price Performance

The firm has a market capitalization of C$60.29 million, a price-to-earnings ratio of -29.00 and a beta of 1.21. The company’s 50 day moving average is C$0.28 and its 200 day moving average is C$0.28. The company has a quick ratio of 0.07, a current ratio of 1.44 and a debt-to-equity ratio of 41.50.

Inventus Mining Company Profile

(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. The company was formerly known as Ginguro Exploration Inc and changed its name to Inventus Mining Corp.

Further Reading

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