Inventus Mining Corp. (CVE:IVS – Get Free Report)’s share price fell 4% during mid-day trading on Monday . The company traded as low as C$0.24 and last traded at C$0.24. Approximately 104,282 shares changed hands during trading, a decline of 10% from the average session volume of 115,615 shares. The stock had previously closed at C$0.25.
Inventus Mining Trading Down 4.0%
The firm’s 50 day simple moving average is C$0.25 and its two-hundred day simple moving average is C$0.26. The stock has a market capitalization of C$53.04 million, a P/E ratio of -24.00 and a beta of 0.93. The company has a quick ratio of 0.07, a current ratio of 1.44 and a debt-to-equity ratio of 41.50.
Insiders Place Their Bets
In other Inventus Mining news, Director Stephan Michael Seydegart Spears sold 200,000 shares of the stock in a transaction that occurred 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 transaction, the director owned 2,341,509 shares in the company, valued at approximately C$561,962.16. This represents a 7.87% decrease in their ownership of the stock. Over the last 90 days, insiders sold 294,500 shares of company stock worth $70,680. 31.70% of the stock is currently owned by corporate 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.
Read More
- Five stocks we like better than Inventus Mining
- The SK Hynix IPO and 2027’s AI Memory Squeeze
- Meta Platforms Stock Rises as Muse Spark 1.1 AI Model Debuts
- Why Welltower’s Growth Story Might Outrun Its Rich Valuation
- One Short- and One Long-Term ETF for Quantum Computing Bulls
Receive News & Ratings for Inventus Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inventus Mining and related companies with MarketBeat.com's FREE daily email newsletter.
