Inventus Mining (CVE:IVS) Shares Up 3.7% - Here's Why

Key Points

• Inventus Mining Corp. (CVE:IVS) shares experienced a 3.7% increase during trading, rising to C$0.28 from a previous close of C$0.27.
• The company has a market capitalization of C$57.37 million and is primarily involved in the acquisition, exploration, and development of mineral properties in Canada.
• Inventus holds full interests in key projects including the Pardo Paleoplacer gold project and the Sudbury 2.0 project, focusing on gold and base metals exploration.

Inventus Mining Corp. (CVE:IVS - )'s stock price shot up 3.7% during trading on Friday . The company traded as high as C$0.30 and last traded at C$0.28. 123,902 shares traded hands during mid-day trading, a decline of 17% from the average session volume of 149,239 shares. The stock had previously closed at C$0.27.

Inventus Mining Price Performance

The firm has a 50 day moving average of C$0.28 and a two-hundred day moving average of C$0.20. 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$57.37 million, a PE ratio of -28.00 and a beta of 0.25.

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.

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