Insider Buying: Inventus Mining (CVE:IVS) Director Acquires 138,500 Shares of Stock

Inventus Mining Corp. (CVE:IVS) Director Glen Alexander Milne bought 138,500 shares of Inventus Mining stock in a transaction on Thursday, July 16th. The shares were bought at an average price of C$0.26 per share, for a total transaction of C$36,010.00. Following the acquisition, the director owned 3,160,377 shares of the company’s stock, valued at approximately C$821,698.02. The trade was a 4.58% increase in their position.

Inventus Mining Stock Down 1.1%

CVE IVS traded down C$0.00 on Friday, reaching C$0.27. The company had a trading volume of 221,500 shares, compared to its average volume of 120,828. The company has a debt-to-equity ratio of 41.50, a quick ratio of 0.07 and a current ratio of 1.44. Inventus Mining Corp. has a 1-year low of C$0.18 and a 1-year high of C$0.38. The firm has a market capitalization of C$58.56 million, a price-to-earnings ratio of -26.50 and a beta of 0.93. The company’s fifty day moving average is C$0.25 and its 200-day moving average is C$0.26.

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. The company was formerly known as Ginguro Exploration Inc and changed its name to Inventus Mining Corp.