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

Inventus Mining Corp. (CVE:IVS)’s share price fell 21.1% during trading on Friday . The stock 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 stock has a fifty day moving average price of C$0.06 and a two-hundred day moving average price of C$0.05. The company has a market cap of C$12.60 million, a P/E ratio of -7.00 and a beta of 0.83. The company has a debt-to-equity ratio of 41.50, a current ratio of 1.44 and a quick ratio of 0.07.

Insider Buying and Selling at Inventus Mining

In other Inventus Mining news, Director Glen Alexander Milne bought 577,000 shares of Inventus Mining stock in a transaction dated Tuesday, November 19th. The stock was bought 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 have purchased 1,952,000 shares of company stock worth $99,235. Corporate 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.