Inomin Mines (CVE:MINE) Shares Up 25% – Still a Buy?

Inomin Mines Inc. (CVE:MINEGet Free Report)’s share price shot up 25% during trading on Monday . The stock traded as high as C$0.08 and last traded at C$0.08. 297,700 shares changed hands during trading, an increase of 227% from the average session volume of 91,102 shares. The stock had previously closed at C$0.06.

Inomin Mines Price Performance

The firm has a market capitalization of C$3.68 million, a P/E ratio of -7.50 and a beta of 4.65. The firm’s fifty day moving average price is C$0.06 and its 200-day moving average price is C$0.04.

About Inomin Mines

(Get Free Report)

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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