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Inventus Mining

TSXV:IVS
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
IVS
TSXV
CA$16M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Inventus Mining Corp., an exploration stage company, acquires, explores, and develops mineral properties in Canada. The last earnings update was 123 days ago. More info.


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IVS Share Price and Events
7 Day Returns
0%
TSXV:IVS
1.7%
CA Metals and Mining
-0%
CA Market
1 Year Returns
-31%
TSXV:IVS
-3.9%
CA Metals and Mining
2.6%
CA Market
IVS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Inventus Mining (IVS) 0% 0% 26.1% -31% 45% -59.7%
CA Metals and Mining 1.7% 0.4% 13.7% -3.9% 15% -18.9%
CA Market -0% 0.5% 15.3% 2.6% 16.8% 5.3%
1 Year Return vs Industry and Market
  • IVS underperformed the Metals and Mining industry which returned -3.9% over the past year.
  • IVS underperformed the Market in Canada which returned 2.6% over the past year.
Price Volatility
IVS
Industry
5yr Volatility vs Market

IVS Value

 Is Inventus Mining undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Inventus Mining. This is due to cash flow or dividend data being unavailable. The share price is CA$0.145.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Inventus Mining's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Inventus Mining's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:IVS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in CAD CA$-0.01
TSXV:IVS Share Price ** TSXV (2019-03-19) in CAD CA$0.15
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 13.35x
Canada Market PE Ratio Median Figure of 555 Publicly-Listed Companies 14.94x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Inventus Mining.

TSXV:IVS PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:IVS Share Price ÷ EPS (both in CAD)

= 0.15 ÷ -0.01

-17.34x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Inventus Mining is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Inventus Mining is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Inventus Mining's expected growth come at a high price?
Raw Data
TSXV:IVS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -17.34x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.65x
Canada Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.22x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Inventus Mining, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Inventus Mining's assets?
Raw Data
TSXV:IVS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in CAD CA$0.00
TSXV:IVS Share Price * TSXV (2019-03-19) in CAD CA$0.15
Canada Metals and Mining Industry PB Ratio Median Figure of 1,081 Publicly-Listed Metals and Mining Companies 1.46x
Canada Market PB Ratio Median Figure of 2,355 Publicly-Listed Companies 1.57x
TSXV:IVS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:IVS Share Price ÷ Book Value per Share (both in CAD)

= 0.15 ÷ 0.00

69.98x

* Primary Listing of Inventus Mining.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Inventus Mining is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Inventus Mining's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Inventus Mining has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

IVS Future Performance

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

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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
34.3%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Inventus Mining expected to grow at an attractive rate?
  • Unable to compare Inventus Mining's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Inventus Mining's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Inventus Mining's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:IVS Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 34.3%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 18.2%
Canada Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:IVS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:IVS Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-09-30 -1 -1
2018-06-30 -1 -1
2018-03-31 -1 -1
2017-12-31 -1 -1
2017-09-30 -1 -6
2017-06-30 -1 -6
2017-03-31 -1 -6
2016-12-31 -1 -6
2016-09-30 -1 -4
2016-06-30 -1 -4
2016-03-31 -1 -3
2015-12-31 -1 -4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Inventus Mining is high growth as no earnings estimate data is available.
  • Unable to determine if Inventus Mining is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:IVS Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Inventus Mining Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:IVS Past Financials Data
Date (Data in CAD Millions) EPS *
2018-09-30 -0.01
2018-06-30 -0.01
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 -0.06
2017-06-30 -0.07
2017-03-31 -0.08
2016-12-31 -0.10
2016-09-30 -0.07
2016-06-30 -0.08
2016-03-31 -0.08
2015-12-31 -0.09

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Inventus Mining will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Inventus Mining's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Inventus Mining's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Inventus Mining's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Inventus Mining's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Inventus Mining has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

IVS Past Performance

  How has Inventus Mining performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Inventus Mining's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Inventus Mining does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Inventus Mining's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Inventus Mining's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Inventus Mining's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Inventus Mining Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:IVS Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 -0.89 0.89
2018-06-30 -0.86 0.86
2018-03-31 -1.10 1.10
2017-12-31 -1.24 1.24
2017-09-30 -6.12 6.12
2017-06-30 -6.20 6.19
2017-03-31 -6.43 6.42
2016-12-31 -6.21 6.19
2016-09-30 -3.79 1.28
2016-06-30 -3.76 1.22
2016-03-31 -3.34 0.80
2015-12-31 -3.63 1.07
2015-09-30 -2.46 2.30
2015-06-30 -2.56 2.57
2015-03-31 -2.40 2.42
2014-12-31 -2.14 2.22
2014-09-30 -2.19 0.88
2014-06-30 -2.05 0.63
2014-03-31 -1.93 0.57
2013-12-31 -2.00 0.52
2013-09-30 2.54 0.54
2013-06-30 2.69 0.41
2013-03-31 2.58 0.50
2012-12-31 2.70 0.53
2012-09-30 -0.96 0.66
2012-06-30 -1.28 0.93
2012-03-31 -1.18 0.85

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Inventus Mining has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Inventus Mining has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Inventus Mining improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Inventus Mining's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Inventus Mining has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

IVS Health

 How is Inventus Mining's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Inventus Mining's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Inventus Mining is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Inventus Mining has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Inventus Mining's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Inventus Mining has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Inventus Mining Company Filings, last reported 5 months ago.

TSXV:IVS Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 0.22 0.00 0.22
2018-06-30 0.41 0.00 0.49
2018-03-31 0.64 0.00 0.64
2017-12-31 0.77 0.00 0.69
2017-09-30 1.01 0.00 1.03
2017-06-30 0.10 0.00 0.12
2017-03-31 0.40 0.00 0.39
2016-12-31 0.68 0.00 0.73
2016-09-30 1.16 0.00 1.17
2016-06-30 1.11 0.00 1.14
2016-03-31 -0.29 0.32 0.03
2015-12-31 -0.21 0.27 0.06
2015-09-30 10.26 0.00 0.14
2015-06-30 10.39 0.00 0.23
2015-03-31 10.52 0.00 0.48
2014-12-31 3.36 0.00 0.91
2014-09-30 10.92 0.00 1.34
2014-06-30 10.64 0.00 1.58
2014-03-31 10.73 0.00 2.14
2013-12-31 10.74 0.00 2.41
2013-09-30 12.40 0.00 2.75
2013-06-30 10.21 0.00 0.81
2013-03-31 10.23 0.00 1.07
2012-12-31 10.40 0.00 1.46
2012-09-30 6.91 0.00 1.19
2012-06-30 6.94 0.00 1.63
2012-03-31 6.98 0.00 1.78
  • Inventus Mining has no debt.
  • Inventus Mining had no debt 5 years ago.
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.

  • Inventus Mining has less than a year of cash runway based on current free cash flow.
  • Inventus Mining has less than a year of cash runway if free cash flow continues to reduce at historical rates of -18.3% each year.
X
Financial health checks
We assess Inventus Mining's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Inventus Mining has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

IVS Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Inventus Mining dividends.
If you bought CA$2,000 of Inventus Mining shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Inventus Mining's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Inventus Mining's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:IVS Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.1%
Canada Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Inventus Mining has not reported any payouts.
  • Unable to verify if Inventus Mining's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Inventus Mining's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Inventus Mining has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Inventus Mining's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Inventus Mining afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Inventus Mining has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

IVS Management

 What is the CEO of Inventus Mining's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Stefan Spears
COMPENSATION CA$94,200
AGE 36
TENURE AS CEO 2.3 years
CEO Bio

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 Officer of Inventus Mining Corp. since November 3, 2016 until November 9, 2016. Mr. Spears served as Vice President of Projects at McEwen Mining Inc. (formerly, US Gold Corporation) from August 01, 2008 to April 18, 2012 and served as Executive Officer from April 18, 2012 to May 17, 2012. Mr. Spears founded Coreprint Patterns Inc. He has over 10 years' experience in the mining sector. He served as Vice President of Strategic Development of Lexam Explorations Inc., since September 2005. He served US Gold Corporation's as a Consultant in various capacities since 2005. In 2005, he joined Rob McEwen and formed McEwen Capital to focus on mining investments and concurrently held several senior management positions with exploration and development stage companies including Lexam VG Gold and McEwen Mining. He began his career at Goldcorp Inc. in 2002. He has experience in gold exploration in Canada, USA and Mexico. From 2004 to 2005, he served at GoldCorp. Inc. in the engineering and information technology departments. He has been a Director of Golden Predator Mining Corp. since June 7, 2016 and Inventus Mining Corp. since May 5, 2016. Mr. Spears received a Bachelor degree in Civil-Structural Engineering from Queen's University in Kingston, Ontario.

CEO Compensation
  • Stefan's compensation has increased whilst company is loss making.
  • Stefan's remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure

Average tenure and age of the Inventus Mining management team in years:

3.1
Average Tenure
57.5
Average Age
  • The tenure for the Inventus Mining management team is about average.
Management Team

Stefan Spears

TITLE
Chairman & CEO
COMPENSATION
CA$94K
AGE
36
TENURE
2.3 yrs

Carm Marrelli

TITLE
Chief Financial Officer
COMPENSATION
CA$58K
AGE
47
TENURE
3.9 yrs

Wayne Whymark

TITLE
Special Advisor & Member of Advisory Board
COMPENSATION
CA$682K
AGE
68
TENURE
2.3 yrs

Lawrie Minter

TITLE
Special Advisor & Member of Advisory Board
AGE
80
TENURE
9.1 yrs

Alan King

TITLE
Special Advisor & Member of Advisory Board
Board of Directors Tenure

Average tenure and age of the Inventus Mining board of directors in years:

3.1
Average Tenure
53.5
Average Age
  • The tenure for the Inventus Mining board of directors is about average.
Board of Directors

Wayne Whymark

TITLE
Special Advisor & Member of Advisory Board
COMPENSATION
CA$682K
AGE
68
TENURE
2.3 yrs

Doug Hunter

TITLE
Director
COMPENSATION
CA$19K
TENURE
7.2 yrs

Stefan Spears

TITLE
Chairman & CEO
COMPENSATION
CA$94K
AGE
36
TENURE
2.3 yrs

Lawrie Minter

TITLE
Special Advisor & Member of Advisory Board
AGE
80
TENURE
7.7 yrs

Robert Heatherington

TITLE
Director
COMPENSATION
CA$19K
TENURE
4.2 yrs

Alan King

TITLE
Special Advisor & Member of Advisory Board
TENURE
5.9 yrs

Mark Hall

TITLE
Director
COMPENSATION
CA$19K
TENURE
3.8 yrs

Gary Nassif

TITLE
Director
COMPENSATION
CA$19K
TENURE
2 yrs

Nils Frederik Engelstad

TITLE
Director
COMPENSATION
CA$19K
AGE
39
TENURE
2 yrs

Richard Sutcliffe

TITLE
Director
COMPENSATION
CA$19K
TENURE
2 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Inventus Mining insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
26. Feb 19 Buy Stefan Spears Individual 26. Feb 19 26. Feb 19 4,500 CA$0.15 CA$675
21. Feb 19 Buy Stefan Spears Individual 19. Feb 19 19. Feb 19 3,000 CA$0.16 CA$480
11. Feb 19 Buy Stefan Spears Individual 06. Feb 19 06. Feb 19 2,000 CA$0.13 CA$260
08. Jan 19 Buy Stefan Spears Individual 04. Jan 19 04. Jan 19 5,000 CA$0.14 CA$675
13. Dec 18 Buy Stefan Spears Individual 12. Dec 18 12. Dec 18 2,000 CA$0.13 CA$260
04. Dec 18 Buy Stefan Spears Individual 04. Dec 18 04. Dec 18 4,500 CA$0.15 CA$675
26. Nov 18 Buy Stefan Spears Individual 26. Nov 18 26. Nov 18 3,000 CA$0.15 CA$450
06. Nov 18 Buy Robert McEwen Individual 02. Nov 18 02. Nov 18 1,200,000 CA$0.15 CA$180,000
31. Oct 18 Buy Stefan Spears Individual 31. Oct 18 31. Oct 18 5,000 CA$0.13 CA$650
29. Oct 18 Buy Stefan Spears Individual 29. Oct 18 29. Oct 18 10,000 CA$0.13 CA$1,250
24. Oct 18 Buy Stefan Spears Individual 24. Oct 18 24. Oct 18 6,000 CA$0.14 CA$810
23. Oct 18 Buy Stefan Spears Individual 23. Oct 18 23. Oct 18 5,000 CA$0.14 CA$675
28. Sep 18 Buy Stefan Spears Individual 28. Sep 18 28. Sep 18 14,000 CA$0.14 CA$1,960
07. Sep 18 Buy Stefan Spears Individual 07. Sep 18 07. Sep 18 12,000 CA$0.17 CA$2,040
06. Sep 18 Buy Stefan Spears Individual 06. Sep 18 06. Sep 18 10,000 CA$0.18 CA$1,750
05. Sep 18 Buy Stefan Spears Individual 05. Sep 18 05. Sep 18 10,000 CA$0.18 CA$1,750
14. Jul 18 Buy Nils Frederik Engelstad Individual 13. Jul 18 13. Jul 18 50,000 CA$0.15 CA$7,500
31. May 18 Buy Richard Gilliam Individual 31. May 18 31. May 18 1,000,000 CA$0.18 CA$180,000
31. May 18 Buy H. Arnold Individual 31. May 18 31. May 18 1,000,000 CA$0.18 CA$180,000
31. May 18 Sell Endurance Gold Corporation Company 31. May 18 31. May 18 -2,000,000 CA$0.18 CA$-360,001
01. May 18 Buy Stefan Spears Individual 01. May 18 01. May 18 5,000 CA$0.18 CA$900
26. Apr 18 Buy Stefan Spears Individual 26. Apr 18 26. Apr 18 5,000 CA$0.18 CA$900
17. Apr 18 Buy Stefan Spears Individual 17. Apr 18 17. Apr 18 10,000 CA$0.18 CA$1,800
04. Apr 18 Buy Stefan Spears Individual 03. Apr 18 03. Apr 18 5,000 CA$0.19 CA$950
29. Mar 18 Buy Stefan Spears Individual 29. Mar 18 29. Mar 18 5,000 CA$0.20 CA$1,000
X
Management checks
We assess Inventus Mining's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Inventus Mining has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

IVS News

Simply Wall St News

Who Really Owns Inventus Mining Corp (CVE:IVS)?

Today, I will be analyzing Inventus Mining Corp’s (CVE:IVS) recent ownership structure, an important but not-so-popular subject among individual investors. … When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … It also impacts the trading environment of company shares, which is more of a concern for short-term investors.

Simply Wall St -

IVS Company Info

Description

Inventus Mining Corp., an exploration stage company, acquires, explores, and develops mineral properties in Canada. Its principal asset is the Pardo Paleoplacer gold property, 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.

Details
Name: Inventus Mining Corp.
IVS
Exchange: TSXV
Founded:
CA$15,993,655
110,301,069
Website: http://www.inventusmining.com
Address: Inventus Mining Corp.
82 Richmond Street East,
Suite 1,
Toronto,
Ontario, M5C 1P1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV IVS Common Shares TSX Venture Exchange CA CAD 05. Sep 2007
OTCPK GNGX.F Common Shares Pink Sheets LLC US USD 05. Sep 2007
DB 3GIA Common Shares Deutsche Boerse AG DE EUR 05. Sep 2007
Number of employees
Current staff
Staff numbers
0
Inventus Mining employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/25 00:03
End of day share price update: 2019/03/19 00:00
Last earnings filing: 2018/11/22
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.