Inventus Mining (CVE:IVS) Shares Down 21.1% – Should You Sell?

Inventus Mining Corp. (CVE:IVS) shares were down 21.1% on Saturday . The stock traded as low as C$0.08 and last traded at C$0.08. Approximately 118,000 shares were traded 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 Trading Down 21.1 %

The company has a 50 day simple moving average of C$0.06 and a 200 day simple moving average of C$0.05. 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 has a debt-to-equity ratio of 41.50, a quick ratio of 0.07 and a current ratio of 1.44.

Insider Activity

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