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

Inventus Mining Corp. (CVE:IVS)’s share price fell 21.1% 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 Stock 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 stock has a market cap of C$12.60 million, a P/E ratio of -7.00 and a beta of 0.83. The business’s 50-day moving average price is C$0.06 and its 200-day moving average price is C$0.05.

Insider Buying and Selling at Inventus Mining

In other Inventus Mining news, Director Glen Alexander Milne acquired 577,000 shares of the company’s stock in a transaction dated Tuesday, November 19th. The stock was purchased at an average price of C$0.06 per share, with a total value of C$31,735.00. Over the last quarter, insiders purchased 1,952,000 shares of company stock valued at $99,235. Company 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.