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

Inventus Mining Corp. (CVE:IVS)’s stock 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 changed 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’s fifty day moving average is C$0.06 and its two-hundred day moving average is C$0.05. The firm 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 Transactions at Inventus Mining

In related news, Director Glen Alexander Milne purchased 577,000 shares of Inventus Mining stock in a transaction dated Tuesday, November 19th. The stock was acquired at an average cost of C$0.06 per share, with a total value of C$31,735.00. In the last three months, 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.