Inventus Mining (CVE:IVS) Shares Down 10% – Here’s Why

Inventus Mining Corp. (CVE:IVS) shares traded down 10% during mid-day trading on Thursday . The company traded as low as C$0.09 and last traded at C$0.09. 260,250 shares were traded during mid-day trading, an increase of 357% from the average session volume of 56,989 shares. The stock had previously closed at C$0.10.

Inventus Mining Stock Performance

The company has a market capitalization of C$16.80 million, a P/E ratio of -7.00 and a beta of 0.83. The business has a 50-day moving average of C$0.09 and a 200-day moving average of C$0.07. The company has a debt-to-equity ratio of 41.50, a current ratio of 1.44 and a quick ratio of 0.07.

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.