Inventus Mining (CVE:IVS) Sets New 1-Year High – Still a Buy?

Shares of Inventus Mining Corp. (CVE:IVSGet Free Report) hit a new 52-week high on Tuesday . The company traded as high as C$0.06 and last traded at C$0.06, with a volume of 284500 shares trading hands. The stock had previously closed at C$0.05.

Inventus Mining Stock Performance

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 market cap of C$10.92 million, a price-to-earnings ratio of -7.00 and a beta of 0.83. The company’s fifty day moving average is C$0.04 and its two-hundred day moving average is C$0.04.

Inventus Mining Company Profile

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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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