TSXV:IVS

Stock Analysis Report

Executive Summary

Inventus Mining Corp. acquires, explores, and develops mineral properties in Canada.


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

How has Inventus Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: IVS's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-2.6%

IVS

3.1%

CA Metals and Mining

0.6%

CA Market


1 Year Return

31.0%

IVS

4.7%

CA Metals and Mining

5.3%

CA Market

Return vs Industry: IVS exceeded the Canadian Metals and Mining industry which returned 4.7% over the past year.

Return vs Market: IVS exceeded the Canadian Market which returned 5.3% over the past year.


Shareholder returns

IVSIndustryMarket
7 Day-2.6%3.1%0.6%
30 Day26.7%3.5%1.0%
90 Day171.4%11.9%4.5%
1 Year31.0%31.0%5.4%4.7%8.6%5.3%
3 Year0%0%-4.3%-5.9%18.0%7.4%
5 Year26.7%26.7%24.6%21.0%34.4%14.9%

Price Volatility Vs. Market

How volatile is Inventus Mining's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Inventus Mining undervalued compared to its fair value and its price relative to the market?

152.49x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate IVS's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate IVS's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: IVS is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: IVS is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate IVS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: IVS is overvalued based on its PB Ratio (152.5x) compared to the CA Metals and Mining industry average (1.5x).


Next Steps

Future Growth

How is Inventus Mining forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.9%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Inventus Mining has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Inventus Mining performed over the past 5 years?

16.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: IVS is currently unprofitable.

Growing Profit Margin: IVS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: IVS is unprofitable, but has reduced losses over the past 5 years at a rate of 16.2% per year.

Accelerating Growth: Unable to compare IVS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: IVS is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.7%).


Return on Equity

High ROE: IVS has a negative Return on Equity (-587.31%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Inventus Mining's financial position?


Financial Position Analysis

Short Term Liabilities: IVS's short term assets (CA$168.2K) exceed its short term liabilities (CA$43.1K).

Long Term Liabilities: IVS's short term assets (CA$168.2K) exceed its long term liabilities (CA$57.1K).


Debt to Equity History and Analysis

Debt Level: IVS is debt free.

Reducing Debt: IVS had no debt 5 years ago.


Balance Sheet

Inventory Level: IVS has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if IVS's debt is covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: IVS has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: IVS has less than a year of cash runway if free cash flow continues to grow at historical rates of 3.7% each year.


Next Steps

Dividend

What is Inventus Mining's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate IVS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate IVS's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if IVS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if IVS's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of IVS's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.0yrs

Average management tenure


CEO

Stefan Spears (37yo)

3.3yrs

Tenure

Mr. Stefan M. Spears, B.Sc., has been Executive Chairman of Inventus Mining Corp. since November 3, 2016 and its Chief Executive Officer since November 9, 2016. Mr. Spears served as Interim Chief Executive ...


Leadership Team

NamePositionTenureCompensationOwnership
Stefan Spears
Chairman & CEO3.3yrsno data0.87% CA$186.9k
Carmelo Marrelli
Chief Financial Officer4.8yrsCA$52.96k0.13% CA$28.3k
Wayne Whymark
Special Advisor & Member of Advisory Board3.2yrsCA$682.40kno data
Lawrence Wyatt Minter
Special Advisor & Member of Advisory Board8.6yrsno datano data
Alan King
Special Advisor & Member of Advisory Board6.8yrsno datano data

4.0yrs

Average Tenure

58.5yo

Average Age

Experienced Management: IVS's management team is considered experienced (4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Stefan Spears
Chairman & CEO3.3yrsno data0.87% CA$186.9k
Wayne Whymark
Special Advisor & Member of Advisory Board3.2yrsCA$682.40kno data
Lawrence Wyatt Minter
Special Advisor & Member of Advisory Board8.6yrsno datano data
Alan King
Special Advisor & Member of Advisory Board6.8yrsno datano data
Richard Sutcliffe
Independent Director2.9yrsno data0.0081% CA$1.8k
Gary Nassif
Independent Director2.9yrsno datano data
Nils Frederik Engelstad
Independent Director2.9yrsno data0.082% CA$17.5k
Douglas Hunter
Independent Director8.1yrsno data0.18% CA$39.4k
Robert Heatherington
Independent Director5.1yrsno data0.033% CA$7.0k
Mark Hall
Independent Director4.8yrsno data0.14% CA$29.2k

4.0yrs

Average Tenure

54.5yo

Average Age

Experienced Board: IVS's board of directors are considered experienced (4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: IVS insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.8%.


Top Shareholders

Company Information

Inventus Mining Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Inventus Mining Corp.
  • Ticker: IVS
  • Exchange: TSXV
  • Founded:
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$21.473m
  • Shares outstanding: 122.70m
  • Website: https://www.inventusmining.com

Location

  • Inventus Mining Corp.
  • The Canadian Venture Building
  • Floor 1
  • Toronto
  • Ontario
  • M5C 1P1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IVSTSXV (TSX Venture Exchange)YesCommon SharesCACADSep 2007
3GIADB (Deutsche Boerse AG)YesCommon SharesDEEURSep 2007
GNGX.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDSep 2007

Biography

Inventus Mining Corp. acquires, explores, and develops mineral properties in Canada. Its principal asset is the Pardo Paleoplacer gold project, which consists of 16 mining claims covering an area of 167 square kilometers located in the northeast of Sudbury, Ontario. The company was formerly known as Ginguro Exploration Inc. and changed its name to Inventus Mining Corp. in April 2015. Inventus Mining Corp. is based in Toronto, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/21 01:19
End of Day Share Price2020/02/20 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.