Inventus Mining (CVE:IVS) Trading Down 21.1% – Should You 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 were traded 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 Stock Down 21.1 %

The business’s 50 day moving average is C$0.06 and its 200-day moving average is C$0.05. The stock has a market cap of C$12.60 million, a price-to-earnings ratio of -7.00 and a beta of 0.83. The company has a debt-to-equity ratio of 41.50, a quick ratio of 0.07 and a current ratio of 1.44.

Insider Activity at Inventus Mining

In other Inventus Mining news, Director Glen Alexander Milne bought 577,000 shares of the stock in a transaction on Tuesday, November 19th. The shares were bought at an average price of C$0.06 per share, with a total value of C$31,735.00. In the last quarter, insiders have purchased 1,952,000 shares of company stock valued at $99,235. 31.70% of the stock is owned by company 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.