Key Points
- Director Stephan Michael Seydegart Spears sold 200,000 shares of Inventus Mining on May 4 at C$0.24 per share, bringing in C$48,000 and reducing his ownership by 7.87%.
- Seydegart Spears also sold additional blocks of shares in the following days, including 30,000 on May 5, 38,000 on May 7, and 26,500 on May 8, all at C$0.24 per share.
- Inventus Mining shares rose 4.4% and opened at C$0.24, with the company valued at about C$49.6 million and trading near its 50-day moving average.
Inventus Mining Corp. (CVE:IVS - Get Free Report) Director Stephan Michael Seydegart Spears sold 200,000 shares of the firm's stock in a transaction dated Monday, May 4th. The shares were sold at an average price of C$0.24, for a total value of C$48,000.00. Following the completion of the sale, 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 ownership of the stock.
Stephan Michael Seydegart Spears also recently made the following trade(s):
- On Tuesday, May 5th, Stephan Michael Seydegart Spears sold 30,000 shares of Inventus Mining stock. The shares were sold at an average price of C$0.24, for a total value of C$7,200.00.
- On Thursday, May 7th, Stephan Michael Seydegart Spears sold 38,000 shares of Inventus Mining stock. The shares were sold at an average price of C$0.24, for a total value of C$9,120.00.
- On Friday, May 8th, Stephan Michael Seydegart Spears sold 26,500 shares of Inventus Mining stock. The shares were sold at an average price of C$0.24, for a total value of C$6,360.00.
Inventus Mining Trading Up 4.4%
Shares of CVE:IVS opened at C$0.24 on Tuesday. The company has a market cap of C$49.59 million, a P/E ratio of -23.50 and a beta of 1.11. The stock's 50-day moving average is C$0.25 and its 200-day moving average is C$0.27. Inventus Mining Corp. has a 52-week low of C$0.09 and a 52-week high of C$0.38. The company has a debt-to-equity ratio of 41.50, a quick ratio of 0.07 and a current ratio of 1.44.
About Inventus Mining
(
Get Free Report)
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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