Insider Buying: Inventus Mining (CVE:IVS) Director Buys 201,000 Shares of Stock

Inventus Mining Corp. (CVE:IVS) Director Glen Alexander Milne purchased 201,000 shares of the stock in a transaction dated Friday, July 17th. The shares were purchased at an average price of C$0.27 per share, for a total transaction of C$54,270.00. Following the completion of the transaction, the director owned 6,493,000 shares in the company, valued at C$1,753,110. This trade represents a 3.19% increase in their position.

Glen Alexander Milne also recently made the following trade(s):

• On Thursday, July 16th, Glen Alexander Milne bought 138,500 shares of Inventus Mining stock. The stock was purchased at an average price of C$0.26 per share, for a total transaction of C$36,010.00.

Inventus Mining Stock Down 3.8%

Inventus Mining stock traded down C$0.01 during mid-day trading on Monday, hitting C$0.26. 56,000 shares of the company’s stock were exchanged, compared to its average volume of 120,336. The stock has a market cap of C$56.35 million, a P/E ratio of -25.50 and a beta of 0.93. 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 50 day moving average of C$0.25 and a two-hundred day moving average of C$0.26. Inventus Mining Corp. has a 1-year low of C$0.18 and a 1-year high of C$0.38.

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.