Inventus Mining (CVE:IVS) Trading Down 21.1% – Should You Sell?

Inventus Mining Corp. (CVE:IVS)’s stock price was down 21.1% on Friday . The stock traded as low as C$0.08 and last traded at C$0.08. Approximately 118,000 shares traded 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 cap of C$12.60 million, a price-to-earnings ratio of -7.00 and a beta of 0.83. The stock has a fifty day simple moving average of C$0.06 and a 200-day simple moving average of C$0.05. The company has a current ratio of 1.44, a quick ratio of 0.07 and a debt-to-equity ratio of 41.50.

Insider Transactions at Inventus Mining

In related news, Director Glen Alexander Milne bought 500,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 12th. The stock was purchased at an average cost of C$0.06 per share, for a total transaction of C$27,500.00. Over the last quarter, insiders have purchased 1,952,000 shares of company stock worth $99,235. Insiders own 31.70% of the company’s stock.

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.