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

Inventus Mining Corp. (CVE:IVS)’s share price traded down 21.1% during trading on Saturday . The stock 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 Price Performance

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

Insider Buying and Selling at Inventus Mining

In other Inventus Mining news, Director Glen Alexander Milne bought 577,000 shares of Inventus Mining stock in a transaction on Tuesday, November 19th. The stock was purchased at an average cost of C$0.06 per share, for a total transaction of C$31,735.00. Insiders have bought 1,952,000 shares of company stock worth $99,235 over the last 90 days. 31.70% of the stock is currently owned by corporate insiders.

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.