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

Inventus Mining Corp. (CVE:IVS)’s share price traded down 4% on Monday . The stock 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 daily volume of 115,615 shares. The stock had previously closed at C$0.25.

Inventus Mining Stock Up 2.0%

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 stock has a market cap of C$55.25 million, a PE ratio of -25.00 and a beta of 0.93. The business has a fifty 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 the company’s stock in a transaction on 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 completion of the sale, the director directly owned 2,341,509 shares in the company, valued at approximately C$561,962.16. This represents a 7.87% decrease in their position. Over the last three months, insiders sold 294,500 shares of company stock worth $70,680. Insiders own 31.70% of the company’s stock.

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.