Inventus Mining Corp. (CVE:IVS – Get Free Report) traded down 21.1% during trading on Friday . The company traded as low as C$0.08 and last traded at C$0.08. 118,000 shares changed hands during mid-day trading, an increase of 26% from the average session volume of 93,681 shares. The stock had previously closed at C$0.10.
Inventus Mining Stock Performance
The firm has a market capitalization of C$12.60 million, a PE ratio of -7.00 and a beta of 0.83. The business’s fifty day simple moving average is C$0.06 and its 200-day simple moving average is C$0.05. 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 Buying and Selling at Inventus Mining
In related news, Director Glen Alexander Milne acquired 577,000 shares of the firm’s stock in a transaction on Tuesday, November 19th. The shares were acquired at an average cost of C$0.06 per share, for a total transaction of C$31,735.00. Insiders bought 1,952,000 shares of company stock worth $99,235 in the last quarter. 31.70% of the stock is 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.
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