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

Shares of Inventus Mining Corp. (CVE:IVS) were 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 changed 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 Price Performance

The company has a debt-to-equity ratio of 41.50, a current ratio of 1.44 and a quick ratio of 0.07. The company has a fifty day moving average price of C$0.06 and a 200 day moving average price of C$0.05. 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

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