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

Inventus Mining Corp. (CVE:IVS)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$0.11 and last traded at C$0.11, with a volume of 105904 shares. The stock had previously closed at C$0.11.

Inventus Mining Price Performance

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 stock has a market cap of C$15.96 million, a P/E ratio of -7.00 and a beta of 0.83. The firm’s fifty day moving average price is C$0.09 and its 200-day moving average price is C$0.06.

Insider Transactions at Inventus Mining

In other Inventus Mining news, Director Glen Alexander Milne purchased 577,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 19th. The stock was bought 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

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.