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

Inventus Mining Corp. (CVE:IVS)’s stock price traded down 21.1% during trading on Friday . The company traded as low as C$0.08 and last traded at C$0.08. 118,000 shares traded 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 business has a 50 day moving average of C$0.06 and a 200 day moving average of C$0.05. The company has a quick ratio of 0.07, a current ratio of 1.44 and a debt-to-equity ratio of 41.50. The company has a market capitalization of C$12.60 million, a P/E ratio of -7.00 and a beta of 0.83.

Insider Buying and Selling at Inventus Mining

In related news, Director Glen Alexander Milne bought 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, for a total transaction of C$31,735.00. Insiders acquired 1,952,000 shares of company stock worth $99,235 over the last 90 days. 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.