Inventus Mining Corp.

Inventus Mining Corp.verified

IVS.V

Price:

$0.04

Market Cap:

$6.72M

Inventus Mining Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. The company principally holds a 100% interest in the Pardo Paleoplacer gold project covering an area of 180 square kilometers; and Sudbury 2.0 project totaling an area of 240 square kilometers located northeast of Sudbury, Ontario. The company was formerly known as Ginguro Exploration Inc. and changed its name to Inventus Mining Corp. in April 2015. Inventus Mining Corp. is based in Toronto, Canada.[Read more]

Industry

Gold

IPO Date

2007-09-06

Stock Exchange

TSXV

Ticker

IVS.V

The Current Ratio as of November 2024 (TTM) for Inventus Mining Corp. (IVS.V) is 1.44

According to Inventus Mining Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 1.44. This represents a change of -7.06% compared to the average of 1.55 of the last 4 quarters.

Inventus Mining Corp. (IVS.V) Historical Current Ratio (quarterly & annually)

How has IVS.V Current Ratio performed in the past?

The mean historical Current Ratio of Inventus Mining Corp. over the last ten years is 4.81. The current 1.44 Current Ratio has changed 2.90% with respect to the historical average. Over the past ten years (40 quarters), IVS.V's Current Ratio was at its highest in in the September 2016 quarter at 29.66. The Current Ratio was at its lowest in in the September 2022 quarter at 0.08.

Quarterly (TTM)
Annual

Average

4.81

Median

3.80

Minimum

0.29

Maximum

17.55

Inventus Mining Corp. (IVS.V) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Inventus Mining Corp. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 4.08%

Maximum Annual Current Ratio = 17.55

Minimum Annual Increase = -95.12%

Minimum Annual Current Ratio = 0.29

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.27-31.30%
20221.8464.86%
20211.12-93.63%
202017.554.08%
20190.42-94.06%
20187.0722.74%
20175.76-17.27%
20166.962.33%
20150.29-95.12%
20145.86-57.67%

Inventus Mining Corp. (IVS.V) Average Current Ratio

How has IVS.V Current Ratio performed in the past?

The current Current Ratio of Inventus Mining Corp. (IVS.V) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.41

5-year avg

4.44

10-year avg

4.81

Inventus Mining Corp. (IVS.V) Current Ratio vs. Peers

How is IVS.V’s Current Ratio compared to its peers?

Inventus Mining Corp.’s Current Ratio is less than CANEX Metals Inc. (0), less than Desert Gold Ventures Inc. (43.43), less than MAS Gold Corp. (0), less than null (1.53), greater than null (0.34),

CompanyCurrent RatioMarket cap
0$5.23M
43.43$17.99M
0$4.99M
1.53$0
0.34$0

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