Inventus Mining Corp. (CVE:IVS - Get Free Report) was up 30.4% during trading on Monday . The stock traded as high as C$0.37 and last traded at C$0.37. Approximately 978,747 shares changed hands during trading, an increase of 612% from the average daily volume of 137,393 shares. The stock had previously closed at C$0.28.
Inventus Mining Stock Performance
The firm has a fifty day moving average price of C$0.24 and a 200 day moving average price of C$0.16. 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 firm has a market cap of C$67.62 million, a PE ratio of -33.00 and a beta of 0.34.
Insiders Place Their Bets
In other Inventus Mining news, insider 2176423 Ontario Ltd. bought 11,842,000 shares of the firm's stock in a transaction that occurred on Tuesday, July 8th. The stock was purchased at an average price of C$0.16 per share, for a total transaction of C$1,894,720.00. 31.70% of the stock is currently owned by insiders.
About Inventus Mining
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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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