Inventus Mining (CVE:IVS) Trading Up 23.8% – Here’s Why

Inventus Mining Corp. (CVE:IVS)’s share price traded up 23.8% during mid-day trading on Friday . The company traded as high as C$0.13 and last traded at C$0.13. 626,040 shares were traded during trading, an increase of 746% from the average session volume of 74,012 shares. The stock had previously closed at C$0.11.

Inventus Mining Trading Up 23.8%

The stock has a market cap of C$21.83 million, a P/E ratio of -7.00 and a beta of 0.83. The firm’s 50-day simple moving average is C$0.10 and its 200 day simple moving average is C$0.09. The company has a current ratio of 1.44, a quick ratio of 0.07 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.