Inventus Mining (CVE:IVS) Stock Price Up 15.4% – What’s Next?

Inventus Mining Corp. (CVE:IVS) traded up 15.4% on Wednesday . The company traded as high as C$0.08 and last traded at C$0.08. 163,000 shares changed hands during trading, an increase of 78% from the average session volume of 91,422 shares. The stock had previously closed at C$0.07.

Inventus Mining Stock Performance

The firm’s fifty day moving average is C$0.05 and its 200-day moving average is C$0.04. 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 stock has a market capitalization of C$13.44 million, a PE ratio of -7.00 and a beta of 0.83.

Insider Buying and Selling

In other Inventus Mining news, Director Glen Alexander Milne bought 577,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 19th. The shares were purchased at an average cost of C$0.06 per share, with a total value of C$31,735.00. In the last quarter, insiders purchased 1,952,000 shares of company stock valued at $99,235. Company insiders own 31.70% of the company’s stock.

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.