Inomin Mines Inc. (CVE:MINE – Get Free Report)’s share price dropped 20% during mid-day trading on Wednesday . The company traded as low as C$0.04 and last traded at C$0.04. Approximately 178,735 shares changed hands during mid-day trading, an increase of 110% from the average daily volume of 85,226 shares. The stock had previously closed at C$0.05.
Inomin Mines Price Performance
The stock has a 50-day simple moving average of C$0.04 and a 200-day simple moving average of C$0.03. The stock has a market cap of C$2.45 million, a P/E ratio of -5.00 and a beta of 4.44.
About Inomin Mines
Inomin Mines Inc, an exploration stage company, engages in the identification, acquisition, exploration, and evaluation of mineral properties in Canada and Mexico. It explores for magnesium, nickel, gold, silver, copper, chromium, cobalt, and zinc deposits. The company was formerly known as Inovent Capital Inc Inomin Mines Inc was incorporated in 2012 and is based in Vancouver, Canada.
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