Inventus Mining (CVE:IVS) Shares Down 15% – What’s Next?

Inventus Mining Corp. (CVE:IVS) shares were down 15% on Friday . The stock traded as low as C$0.08 and last traded at C$0.09. Approximately 198,500 shares changed hands during trading, an increase of 222% from the average daily volume of 61,604 shares. The stock had previously closed at C$0.10.

Inventus Mining Stock Performance

The company has a market capitalization of C$14.28 million, a P/E ratio of -7.00 and a beta of 0.83. 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 business’s fifty day simple moving average is C$0.10 and its 200-day simple moving average is C$0.08.

About Inventus Mining

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.