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

Inomin Mines Inc. (CVE:MINEGet Free Report) traded up 25% on Tuesday . The company traded as high as C$0.08 and last traded at C$0.08. 297,700 shares traded 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 Trading Up 25.0%

The stock has a 50-day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.04. The firm has a market capitalization of C$3.68 million, a P/E ratio of -7.50 and a beta of 4.65.

Inomin Mines Company Profile

(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.

Read More

Receive News & Ratings for Inomin Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inomin Mines and related companies with MarketBeat.com's FREE daily email newsletter.