Inventus Mining (CVE:IVS) Trading 17% Higher – Here’s What Happened

Inventus Mining Corp. (CVE:IVS) shares rose 17% on Monday . The stock traded as high as C$0.28 and last traded at C$0.28. Approximately 68,840 shares were traded during mid-day trading, a decline of 51% from the average daily volume of 141,445 shares. The stock had previously closed at C$0.24.

Inventus Mining Price Performance

The stock has a market capitalization of C$57.37 million, a price-to-earnings ratio of -28.00 and a beta of 0.48. The company has a debt-to-equity ratio of 41.50, a quick ratio of 0.07 and a current ratio of 1.44. The company has a fifty day simple moving average of C$0.27 and a two-hundred day simple moving average of C$0.25.

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.