Inventus Mining (CVE:IVS) Shares Down 30% – Here’s What Happened

Inventus Mining Corp. (CVE:IVSGet Free Report) traded down 30% during trading on Monday . The stock traded as low as C$0.04 and last traded at C$0.04. 107,000 shares traded hands during mid-day trading, an increase of 94% from the average session volume of 55,234 shares. The stock had previously closed at C$0.05.

Inventus Mining Price Performance

The firm has a fifty day moving average of C$0.04 and a 200 day moving average of C$0.04. The company has a market capitalization of C$5.88 million, a P/E ratio of -7.00 and a beta of 0.79. The company has a current ratio of 1.44, a quick ratio of 0.07 and a debt-to-equity ratio of 41.50.

About Inventus Mining

(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.

Further Reading

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