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

Shares of Inventus Mining Corp. (CVE:IVS) traded down 21.1% on Saturday . The company traded as low as C$0.08 and last traded at C$0.08. 118,000 shares changed hands during 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 company has a quick ratio of 0.07, a current ratio of 1.44 and a debt-to-equity ratio of 41.50. 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 50 day simple moving average of C$0.06 and a 200 day simple moving average of C$0.05.

Insiders Place Their Bets

In other Inventus Mining news, Director Glen Alexander Milne bought 500,000 shares of the stock in a transaction on Tuesday, November 12th. The shares were acquired at an average price of C$0.06 per share, with a total value of C$27,500.00. Over the last 90 days, insiders have purchased 1,952,000 shares of company stock valued at $99,235. Company 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.