Inventus Mining (CVE:IVS) Stock Price Up 3.6% – Still a Buy?

Shares of Inventus Mining Corp. (CVE:IVS) were up 3.6% during mid-day trading on Thursday . The stock traded as high as C$0.30 and last traded at C$0.29. Approximately 45,940 shares changed hands during trading, a decline of 74% from the average daily volume of 174,558 shares. The stock had previously closed at C$0.28.

Inventus Mining Trading Up 3.6%

The company has a market cap of C$60.29 million, a P/E ratio of -29.00 and a beta of 1.21. The business has a fifty day moving average price of C$0.28 and a 200-day moving average price of C$0.28. The company has a quick ratio of 0.07, a current ratio of 1.44 and a debt-to-equity ratio of 41.50.

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.