Inventus Mining (CVE:IVS) Trading Up 23.8% – Still a Buy?

Shares of Inventus Mining Corp. (CVE:IVS) rose 23.8% during trading on Saturday . The company traded as high as C$0.13 and last traded at C$0.13. Approximately 626,040 shares were traded during trading, an increase of 746% from the average daily volume of 74,012 shares. The stock had previously closed at C$0.11.

Inventus Mining Trading Up 23.8%

The stock has a market cap of C$21.83 million, a P/E ratio of -7.00 and a beta of 0.83. 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’s fifty day moving average price is C$0.10 and its 200 day moving average price is C$0.09.

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.