Inventus Mining (CVE:IVS) Reaches New 1-Year High – What’s Next?

Inventus Mining Corp. (CVE:IVS)’s share price hit a new 52-week high during 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 changing hands. The stock had previously closed at C$0.11.

Inventus Mining Stock Up 4.8 %

The company has a market capitalization of C$18.48 million, a price-to-earnings ratio of -7.00 and a beta of 0.83. 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 business’s 50 day moving average is C$0.09 and its 200 day moving average is C$0.06.

Insiders Place Their Bets

In other news, Director Glen Alexander Milne acquired 577,000 shares of the business’s stock in a transaction dated Tuesday, November 19th. The shares were acquired at an average cost of C$0.06 per share, with a total value of C$31,735.00. Corporate insiders own 31.70% of the company’s stock.

About Inventus Mining

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.