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

Inventus Mining Corp. (CVE:IVS) was down 21.1% during trading on Saturday . The stock 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 Price Performance

The company has a debt-to-equity ratio of 41.50, a quick ratio of 0.07 and a current ratio of 1.44. The business has a fifty day moving average of C$0.06 and a two-hundred day moving average of 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 Transactions at Inventus Mining

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