Inventus Mining (CVE:IVS) Stock Price Up 11.5% – Should You Buy?

Inventus Mining Corp. (CVE:IVS)’s share price was up 11.5% during trading on Monday . The company traded as high as C$0.29 and last traded at C$0.29. Approximately 118,700 shares traded hands during mid-day trading, a decline of 21% from the average daily volume of 149,673 shares. The stock had previously closed at C$0.26.

Inventus Mining Stock Up 11.5%

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 stock has a market cap of C$59.42 million, a price-to-earnings ratio of -29.00 and a beta of 0.35. The stock’s 50-day moving average price is C$0.29 and its 200-day moving average price is C$0.22.

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.