Inventus Mining (CVE:IVS) Stock Price Down 3.4% – What’s Next?

Inventus Mining Corp. (CVE:IVS) traded down 3.4% during trading on Monday . The company traded as low as C$0.28 and last traded at C$0.29. 53,107 shares traded hands during trading, a decline of 56% from the average session volume of 121,400 shares. The stock had previously closed at C$0.30.

Inventus Mining Stock Down 3.4%

The company has a current ratio of 1.44, a quick ratio of 0.07 and a debt-to-equity ratio of 41.50. The stock has a market capitalization of C$60.14 million, a P/E ratio of -28.50 and a beta of 1.11. The business has a 50-day moving average price of C$0.24 and a 200 day moving average price of C$0.27.

Insider Activity at Inventus Mining

In other 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 transaction of C$48,000.00. Following the completion of the transaction, 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. In the last ninety days, insiders sold 294,500 shares of company stock worth $70,680. 31.70% of the stock is currently owned by corporate 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.