Inventus Mining (CVE:IVS) Trading Down 21.1% – What’s Next?

Inventus Mining Corp. (CVE:IVS)’s stock price was down 21.1% during trading on Friday . The company traded as low as C$0.08 and last traded at C$0.08. Approximately 118,000 shares traded hands during mid-day 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 Trading Down 21.1 %

The firm has a 50 day moving average of C$0.06 and a 200 day moving average of C$0.05. The firm has a market cap of C$12.60 million, a PE ratio of -7.00 and a beta of 0.83. The company has a quick ratio of 0.07, a current ratio of 1.44 and a debt-to-equity ratio of 41.50.

Insider Buying and Selling at Inventus Mining

In other Inventus Mining news, Director Glen Alexander Milne purchased 500,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 12th. The shares were bought at an average cost of C$0.06 per share, for a total transaction of C$27,500.00. Insiders have bought a total of 1,952,000 shares of company stock worth $99,235 over the last ninety days. 31.70% of the stock is currently owned by company insiders.

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.