Inventus Mining (CVE:IVS) Director Buys C$54,270.00 in Stock

Inventus Mining Corp. (CVE:IVS) Director Glen Alexander Milne acquired 201,000 shares of the stock in a transaction dated Friday, July 17th. The shares were bought at an average cost of C$0.27 per share, with a total value of C$54,270.00. Following the completion of the transaction, the director owned 6,493,000 shares of the company’s stock, valued at approximately C$1,753,110. This represents a 3.19% increase in their position.

Glen Alexander Milne also recently made the following trade(s):

• On Thursday, July 16th, Glen Alexander Milne purchased 138,500 shares of Inventus Mining stock. The stock was bought at an average price of C$0.26 per share, for a total transaction of C$36,010.00.

Inventus Mining Stock Performance

CVE IVS opened at C$0.24 on Thursday. The company has a debt-to-equity ratio of 41.50, a current ratio of 1.44 and a quick ratio of 0.07. The firm’s fifty day moving average price is C$0.26 and its 200 day moving average price is C$0.26. The company has a market capitalization of C$53.04 million, a price-to-earnings ratio of -24.00 and a beta of 0.93. Inventus Mining Corp. has a 12 month low of C$0.18 and a 12 month high of C$0.38.

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.