Inventus Mining (CVE:IVS) Shares Down 10% – Should You Sell?

Inventus Mining Corp. (CVE:IVSGet Free Report) shares traded down 10% during trading on Thursday . The company traded as low as C$0.09 and last traded at C$0.09. 260,250 shares traded hands during trading, an increase of 357% from the average session volume of 56,989 shares. The stock had previously closed at C$0.10.

Inventus Mining Trading Down 10.0 %

The stock has a 50-day simple moving average of C$0.09 and a 200 day simple moving average of C$0.07. The company has a current ratio of 1.44, a quick ratio of 0.07 and a debt-to-equity ratio of 41.50. The company has a market cap of C$15.12 million, a price-to-earnings ratio of -7.00 and a beta of 0.83.

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.

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