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The latest announcement is out from Inventus Mining ( (TSE:IVS) ).
Inventus Mining reported further expansion of flat, near-surface gold mineralization at its Pardo “River of Gold” project, with Phase 2 drilling returning notable intercepts including up to 6.1 g/t gold over 1.58 metres and extending the mineralized footprint to the west and north. The company is advancing a staged drilling and bulk sampling strategy designed to underpin an initial resource estimate and de-risk the project, with 68 holes reported, 40 additional holes pending, and a target grade range of 2.5–3.5 g/t gold. Bulk sampling is progressing on two fronts: processing of a 10,128-tonne Trench 1 sample is scheduled to begin on January 27, 2026, while extraction of a 10,000-tonne Trench 1 North sample is underway, supported by grade-control drilling that has confirmed strong near-surface grades. Together, the drilling, sampling and upcoming technical studies are expected to provide data on grade continuity, mine feasibility and processing options, while offering potential near-term cash flow and multiple catalysts for investors as the project moves toward an initial resource definition.
The most recent analyst rating on (TSE:IVS) stock is a Hold with a C$0.30 price target. To see the full list of analyst forecasts on Inventus Mining stock, see the TSE:IVS Stock Forecast page.
Spark’s Take on TSE:IVS Stock
According to Spark, TipRanks’ AI Analyst, TSE:IVS is a Neutral.
The score is held back primarily by weak financial performance (no revenue, ongoing losses, and significant cash burn), only partially mitigated by zero debt. Technicals are slightly constructive but mixed (mild uptrend with overbought Stoch and slightly negative MACD). Valuation support is limited by a negative P/E and no dividend, while recent corporate updates provide a positive near-term catalyst backdrop.
To see Spark’s full report on TSE:IVS stock, click here.
More about Inventus Mining
Inventus Mining Corp. is a Canadian exploration company focused on advancing its 100%-owned Pardo “River of Gold” project, a near-surface gold deposit located northeast of Sudbury, Ontario. The company’s work centers on resource drilling, bulk sampling and technical studies aimed at defining an initial gold resource and assessing the economic viability of shallow, flat-lying mineralization that could support low-cost mining and processing strategies.
Average Trading Volume: 111,065
Technical Sentiment Signal: Buy
Current Market Cap: C$62.36M
Learn more about IVS stock on TipRanks’ Stock Analysis page.