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

Inventus Mining Corp. (CVE:IVS)’s share price was 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 mid-day 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 has a current ratio of 1.44, a quick ratio of 0.07 and a debt-to-equity ratio of 41.50. The business has a fifty day moving average of C$0.06 and a 200 day moving average of C$0.05.

Insider Transactions at Inventus Mining

In other Inventus Mining news, Director Glen Alexander Milne bought 500,000 shares of the stock in a transaction dated Tuesday, November 12th. The shares were acquired at an average cost of C$0.06 per share, for a total transaction of C$27,500.00. In the last 90 days, insiders have acquired 1,952,000 shares of company stock valued at $99,235. Corporate 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.