Inventus Mining Corp. (CVE:IVS – Get Free Report) Director Glen Alexander Milne bought 201,000 shares of the company’s stock in a transaction dated Friday, July 17th. The shares were acquired at an average cost of C$0.27 per share, with a total value of C$54,270.00. Following the acquisition, the director directly owned 6,493,000 shares of the company’s stock, valued at approximately C$1,753,110. This represents a 3.19% increase in their ownership of the stock.
Glen Alexander Milne also recently made the following trade(s):
- On Thursday, July 16th, Glen Alexander Milne purchased 138,500 shares of Inventus Mining stock. The stock was acquired at an average cost of C$0.26 per share, for a total transaction of C$36,010.00.
Inventus Mining Stock Down 3.8%
Shares of IVS stock traded down C$0.01 during trading on Monday, reaching C$0.26. The company’s stock had a trading volume of 56,000 shares, compared to its average volume of 120,336. Inventus Mining Corp. has a 1-year low of C$0.18 and a 1-year high of C$0.38. The company has a market capitalization of C$56.35 million, a price-to-earnings ratio of -25.50 and a beta of 0.93. 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’s 50-day moving average price is C$0.25 and its 200 day moving average price is C$0.26.
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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