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

Inventus Mining Corp. (CVE:IVS)’s stock price was down 21.1% on Saturday . The company traded as low as C$0.08 and last traded at C$0.08. Approximately 118,000 shares traded hands during trading, an increase of 26% from the average daily volume of 93,681 shares. The stock had previously closed at C$0.10.

Inventus Mining Stock Down 21.1 %

The company has a market capitalization of C$12.60 million, a PE ratio of -7.00 and a beta of 0.83. The company’s 50 day moving average is C$0.06 and its two-hundred day moving average is C$0.05. The company has a quick ratio of 0.07, a current ratio of 1.44 and a debt-to-equity ratio of 41.50.

Insider Activity at Inventus Mining

In other Inventus Mining news, Director Glen Alexander Milne purchased 500,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 12th. The shares were bought at an average price of C$0.06 per share, with a total value of C$27,500.00. Over the last three months, insiders bought 1,952,000 shares of company stock valued at $99,235. Insiders own 31.70% of the company’s stock.

Inventus Mining Company Profile

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.