Inventus Mining (CVE:IVS) Trading Down 21.1% – Time to Sell?

Inventus Mining Corp. (CVE:IVS)’s share price was down 21.1% during mid-day trading on Saturday . The company traded as low as C$0.08 and last traded at C$0.08. 118,000 shares traded hands during 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 Down 21.1 %

The stock has a market cap of C$12.60 million, a price-to-earnings ratio of -7.00 and a beta of 0.83. The firm’s fifty day moving average price is C$0.06 and its two-hundred day moving average price is C$0.05. The company has a debt-to-equity ratio of 41.50, a current ratio of 1.44 and a quick ratio of 0.07.

Insider Buying and Selling at Inventus Mining

In other news, Director Glen Alexander Milne acquired 577,000 shares of the business’s stock in a transaction on Tuesday, November 19th. The shares were purchased at an average cost of C$0.06 per share, with a total value of C$31,735.00. In the last quarter, insiders purchased 1,952,000 shares of company stock worth $99,235. Insiders own 31.70% of the company’s stock.

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.