Inventus Mining (CVE:IVS) Shares Up 6.5% – Here’s What Happened

Inventus Mining Corp. (CVE:IVS)’s share price rose 6.5% during trading on Wednesday . The company traded as high as C$0.26 and last traded at C$0.25. Approximately 493,557 shares were traded during trading, an increase of 277% from the average daily volume of 130,906 shares. The stock had previously closed at C$0.23.

Inventus Mining Trading Up 6.5%

The stock has a market capitalization of C$51.21 million, a P/E ratio of -24.50 and a beta of 0.71. 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 business has a 50-day moving average price of C$0.28 and a two-hundred day moving average price of 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.