Inventus Mining (CVE:IVS) Stock Price Down 4% – What’s Next?

Shares of Inventus Mining Corp. (CVE:IVS) dropped 4% during mid-day trading on Monday . The company traded as low as C$0.24 and last traded at C$0.24. 104,282 shares traded hands during trading, a decline of 10% from the average session volume of 115,615 shares. The stock had previously closed at C$0.25.

Inventus Mining Stock Performance

The company has a market cap of C$53.04 million, a PE ratio of -24.00 and a beta of 0.93. 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 company has a 50-day moving average of C$0.25 and a 200-day moving average 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 on Monday, May 4th. The shares were sold at an average price of C$0.24, for a total transaction of C$48,000.00. Following the transaction, the director directly owned 2,341,509 shares of the company’s stock, valued at C$561,962.16. The trade was a 7.87% decrease in their position. In the last quarter, insiders sold 294,500 shares of company stock worth $70,680. 31.70% of the stock is currently 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.