Inventus Mining (CVE:IVS) Stock Price Down 5.8% – Here’s What Happened

Inventus Mining Corp. (CVE:IVS) was down 5.8% during trading on Thursday. The company traded as low as C$0.24 and last traded at C$0.24. Approximately 71,500 shares changed hands during trading, a decline of 36% from the average daily volume of 112,521 shares. The stock had previously closed at C$0.26.

Inventus Mining Stock Performance

The firm has a market capitalization of C$54.16 million, a PE ratio of -28.50 and a beta of 0.97. 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’s fifty day moving average price is C$0.27 and its two-hundred day moving average price is C$0.26.

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.