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

Inventus Mining Corp. (CVE:IVS)’s share price fell 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 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 Price Performance

The business’s 50 day moving average is C$0.06 and its two-hundred day moving average is C$0.05. The firm 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 current ratio of 1.44 and a quick ratio of 0.07.

Insider Buying and Selling at Inventus Mining

In related news, Director Glen Alexander Milne purchased 500,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 12th. The shares were acquired at an average price of C$0.06 per share, for a total transaction of C$27,500.00. Insiders have acquired 1,952,000 shares of company stock worth $99,235 over the last ninety days. 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.