Inventus Mining (CVE:IVS) Trading Up 3.6% – Here’s What Happened

Inventus Mining Corp. (CVE:IVS)’s stock price rose 3.6% during trading on Thursday . The stock traded as high as C$0.30 and last traded at C$0.29. Approximately 45,940 shares were traded 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 Stock Down 5.2%

The firm’s 50 day simple moving average is C$0.28 and its 200-day simple moving average is C$0.28. The company has a market cap of C$57.17 million, a price-to-earnings ratio of -27.50 and a beta of 1.21. The company has a debt-to-equity ratio of 41.50, a current ratio of 1.44 and a quick ratio of 0.07.

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