Inventus Mining (CVE:IVS) Shares Down 3.7% – Time to Sell?

Inventus Mining Corp. (CVE:IVS) dropped 3.7% during mid-day trading on Monday . The stock traded as low as C$0.26 and last traded at C$0.26. Approximately 73,295 shares were traded during trading, a decline of 39% from the average daily volume of 119,620 shares. The stock had previously closed at C$0.27.

Inventus Mining Price Performance

The firm has a market capitalization of C$52.75 million, a PE ratio of -24.00 and a beta of 0.78. 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 stock has a fifty day moving average price of C$0.25 and a 200-day moving average price of C$0.26.

Insiders Place Their Bets

In other Inventus Mining news, Director Stephan Michael Seydegart Spears sold 200,000 shares of Inventus Mining stock in a transaction dated Monday, May 4th. The stock was sold at an average price of C$0.24, for a total value of C$48,000.00. Following the transaction, the director owned 2,341,509 shares in the company, valued at C$561,962.16. The trade was a 7.87% decrease in their ownership of the stock. Insiders sold a total of 294,500 shares of company stock worth $70,680 over the last 90 days. 31.70% of the stock is 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. The company was formerly known as Ginguro Exploration Inc and changed its name to Inventus Mining Corp.