Inventus Mining (CVE:IVS) Director Purchases C$36,010.00 in Stock

Inventus Mining Corp. (CVE:IVSGet Free Report) Director Glen Alexander Milne purchased 138,500 shares of Inventus Mining stock in a transaction dated Thursday, July 16th. The shares were purchased at an average cost of C$0.26 per share, with a total value of C$36,010.00. Following the acquisition, the director owned 3,160,377 shares of the company’s stock, valued at approximately C$821,698.02. This trade represents a 4.58% increase in their position.

Inventus Mining Price Performance

Inventus Mining stock opened at C$0.27 on Monday. The company has a debt-to-equity ratio of 41.50, a quick ratio of 0.07 and a current ratio of 1.44. Inventus Mining Corp. has a one year low of C$0.18 and a one year high of C$0.38. The company has a 50-day simple moving average of C$0.25 and a 200-day simple moving average of C$0.26. The firm has a market capitalization of C$58.56 million, a P/E ratio of -26.50 and a beta of 0.93.

About Inventus Mining

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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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