Inomin Mines (CVE:MINE) Trading Up 25% – Here’s Why

Inomin Mines Inc. (CVE:MINEGet Free Report)’s stock price was up 25% during trading on Tuesday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 297,700 shares traded hands during trading, an increase of 227% from the average daily 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 business’s 50-day moving average is C$0.06 and its 200 day moving average is C$0.04.

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.

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