Inventus Mining (CVE:IVS) Trading Down 10% – Here’s What Happened

Inventus Mining Corp. (CVE:IVS)’s stock price fell 10% during trading on Thursday . The company traded as low as C$0.09 and last traded at C$0.09. 260,250 shares changed hands during trading, an increase of 357% from the average session volume of 56,989 shares. The stock had previously closed at C$0.10.

Inventus Mining Trading Down 10.0 %

The company’s 50 day simple moving average is C$0.09 and its two-hundred day simple moving average is C$0.07. The company has a quick ratio of 0.07, a current ratio of 1.44 and a debt-to-equity ratio of 41.50. The company has a market capitalization of C$15.12 million, a price-to-earnings ratio of -7.00 and a beta of 0.83.

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.