Inventus Mining Corp. (CVE:IVS – Get Free Report) shares were up 11.9% during mid-day trading on Friday . The company traded as high as C$0.34 and last traded at C$0.33. 108,114 shares traded hands during mid-day trading, a decline of 9% from the average daily volume of 118,883 shares. The stock had previously closed at C$0.29.
Inventus Mining Price Performance
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 business’s fifty day moving average price is C$0.26 and its 200-day moving average price is C$0.26. The stock has a market capitalization of C$75.14 million, a price-to-earnings ratio of -28.50 and a beta of 0.94.
Insider Transactions at Inventus Mining
In related news, Director Glen Alexander Milne acquired 201,000 shares of the firm’s stock in a transaction on Friday, July 17th. The stock was purchased at an average cost of C$0.27 per share, with a total value of C$54,270.00. Following the acquisition, the director owned 6,493,000 shares of the company’s stock, valued at approximately C$1,753,110. This trade represents a 3.19% increase in their position. In the last three months, insiders bought 359,500 shares of company stock worth $95,280. 31.70% of the stock is currently owned by 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.
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