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

Shares of Inventus Mining Corp. (CVE:IVS) 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 changed hands 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 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’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.

Insider Buying and Selling at Inventus Mining

In other Inventus Mining news, Director Glen Alexander Milne acquired 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, for a total transaction of C$31,735.00. Over the last 90 days, insiders have bought 1,952,000 shares of company stock worth $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.