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

Inventus Mining Corp. (CVE:IVS) shares dropped 21.1% on Saturday . The company traded as low as C$0.08 and last traded at C$0.08. Approximately 118,000 shares changed hands during trading, an increase of 26% from the average daily volume of 93,681 shares. The stock had previously closed at C$0.10.

Inventus Mining Price Performance

The stock has a market capitalization 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 quick ratio of 0.07 and a current ratio of 1.44. The firm has a fifty day moving average price of C$0.06 and a two-hundred day moving average price of C$0.05.

Insider Buying and Selling at Inventus Mining

In other Inventus Mining news, Director Glen Alexander Milne acquired 577,000 shares of the business’s stock in a transaction dated Tuesday, November 19th. The stock was purchased at an average price of C$0.06 per share, with a total value of C$31,735.00. Insiders bought a total of 1,952,000 shares of company stock worth $99,235 in the last three months. 31.70% of the stock is currently 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.