Inventus Mining Balance Sheet Health

Financial Health criteria checks 5/6

Inventus Mining has a total shareholder equity of CA$18.8K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$274.2K and CA$255.4K respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$110.25k
Equity	CA$18.79k
Total liabilities	CA$255.42k
Total assets	CA$274.21k

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 3GIA's short term assets (CA$120.3K) do not cover its short term liabilities (CA$139.0K).

Long Term Liabilities: 3GIA's short term assets (CA$120.3K) exceed its long term liabilities (CA$116.4K).

Debt to Equity History and Analysis

Debt Level: 3GIA is debt free.

Reducing Debt: 3GIA had no debt 5 years ago.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 3GIA has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: 3GIA is forecast to have sufficient cash runway for 8 months based on free cash flow estimates, but has since raised additional capital.

Inventus Mining Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Recent updates

Inventus Mining Corp. Commences 80-Hole Drill Program At Pardo Receives OJEP Funding Support

New minor risk - Shareholder dilution

Inventus Mining Corp. Outlines Drilling Program At the Pardo Gold Project

Inventus Mining Corp. announced that it has received CAD 0.6 million in funding from McEwen Mining Inc.

Inventus Mining Corp. Announces Management Changes

Inventus Mining Corp., Annual General Meeting, Sep 06, 2024

Inventus Mining Corp. Provides Exploration Results from the Dorland Co-Au-Cu-Ni Prospect

Inventus Mining Corp. Completes First Phase of Drilling At the Dorland Prospect

Inventus Mining Corp. Begins Exploration Drilling At Dorland Prospect

Inventus Mining Corp. announced that it has received CAD 1.2 million in funding

Inventus Mining Corp. announced that it expects to receive CAD 1.2 million in funding

High number of new directors

High number of new directors

Inventus Mining Corp. Appoints Glen Milne to the Board of Directors

Inventus Mining Corp. Provides Pardo Bulk Sample Results

Inventus Mining Corp. Announces Resignation of Doug Hunter from Its Board of Directors

Inventus Mining Corp. announced that it expects to receive CAD 0.9975 million in funding

Inventus Mining Corp. Drills 97.5 M of 1.19 G/T Aueq Including 3.3 M of 6.8 G/T Aueq At Cobalt Hill

Inventus Mining Drills 61.1 Metres of 1.17 G/T Aueq At Cobalt Hill

Inventus Mining Corp., Annual General Meeting, Jun 16, 2022

Inventus Mining Corp. Drills 111.45 Metres of 1.35 G/T Aueq At Cobalt Hill

Inventus Mining Corp. to Provide an Exploration Update for its 100%-Owned Sudbury 2.0 and Pardo Projects

Inventus Mining Corp. Starts Drilling At Cobalt Hill IP Target

Inventus Mining Corp. Announces Operational Update

Inventus Mining Corp. Provides Update on its Exploration Program at Pardo Project Near Sudbury, Ontario

Inventus Mining Corp. Provides an Overview of the 2021 Exploration Programs at its 100%-Owned Pardo and Sudbury 2.0 Projects Near Sudbury, Ontario

Vice President of Exploration Wesley Whymark has left the company

Inventus Provides Sudbury 2.0 Drilling Update

Inventus Mining Corp.(TSXV:IVS) dropped from S&P/TSX Venture Composite Index

Inventus Drills 18.5 Metres of 6.6 g/t Gold, 0.76% Copper, 0.018% Cobalt at Sudbury 2.0

Inventus Mining Corp. Announces Board Changes

Inventus Mining Corp. Begins Drilling At Sudbury 2.0

Inventus Mining Corp. (TSXV:IVS) acquired 16 Square KM of New Claims in McCarthy Township.

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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