Inventus Mining (CVE:IVS) Stock Price Down 3.6% – What’s Next?

Inventus Mining Corp. (CVE:IVS)’s stock price fell 3.6% during trading on Tuesday . The stock traded as low as C$0.27 and last traded at C$0.27. 227,973 shares traded hands during mid-day trading, an increase of 58% from the average session volume of 144,432 shares. The stock had previously closed at C$0.28.

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$55.39 million, a P/E ratio of -26.50 and a beta of 0.71. The stock’s fifty day moving average price is C$0.29 and its two-hundred day moving average price is C$0.28.

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. The company was formerly known as Ginguro Exploration Inc and changed its name to Inventus Mining Corp.