Inventus Mining (CVE:IVS) Trading Down 3.7% – What’s Next?

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

Inventus Mining Stock Down 3.7%

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 market cap of C$57.14 million, a price-to-earnings ratio of -26.00 and a beta of 0.78. The stock has a fifty day moving average price of C$0.25 and a two-hundred day moving average price of C$0.27.

Insider Buying and Selling

In related news, Director Stephan Michael Seydegart Spears sold 200,000 shares of the firm’s stock in a transaction dated 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 approximately C$561,962.16. This trade represents a 7.87% decrease in their ownership of the stock. Insiders have sold 294,500 shares of company stock worth $70,680 over the last 90 days. 31.70% of the stock is currently owned by company insiders.

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.