Inventus Mining (CVE:IVS) Hits New 1-Year High – Time to Buy?

Inventus Mining Corp. (CVE:IVSGet Free Report)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as C$0.11 and last traded at C$0.10, with a volume of 153491 shares traded. The stock had previously closed at C$0.09.

Inventus Mining Stock Performance

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 50 day moving average is C$0.09 and its 200 day moving average is C$0.06. The stock has a market capitalization of C$15.96 million, a price-to-earnings ratio of -7.00 and a beta of 0.83.

Insider Activity

In related news, Director Glen Alexander Milne acquired 577,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 19th. The shares were acquired at an average price of C$0.06 per share, with a total value of C$31,735.00. Company insiders own 31.70% of the company’s stock.

Inventus Mining Company Profile

(Get Free Report)

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.

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