Inventus Mining (CVE:IVS) Reaches New 12-Month High – Time to Buy?

Inventus Mining Corp. (CVE:IVS)’s share price reached a new 52-week high on Wednesday . The stock traded as high as C$0.09 and last traded at C$0.08, with a volume of 45000 shares traded. The stock had previously closed at C$0.09.

Inventus Mining Trading Down 5.9 %

The stock has a 50-day moving average of C$0.05 and a two-hundred day moving average of C$0.05. The company has a market cap of C$13.44 million, a P/E 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.

Insider Activity

In other Inventus Mining news, Director Glen Alexander Milne bought 500,000 shares of the business’s stock in a transaction on Tuesday, November 12th. The shares were acquired at an average cost of C$0.06 per share, for a total transaction of C$27,500.00. Insiders purchased 1,952,000 shares of company stock worth $99,235 over the last three months. 31.70% of the stock is currently owned by corporate insiders.

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.