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

Shares of Inomin Mines Inc. (CVE:MINEGet Free Report) were 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 were traded during mid-day 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 stock has a 50-day moving average of C$0.06 and a 200 day moving average of C$0.04. The stock has a market capitalization of C$4.66 million, a price-to-earnings ratio of -9.50 and a beta of 5.07.

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.

Further Reading

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