Inomin Mines (CVE:MINE) Trading 42.9% Higher – Time to Buy?

Inomin Mines Inc. (CVE:MINEGet Free Report) was up 42.9% during trading on Thursday . The stock traded as high as C$0.11 and last traded at C$0.10. Approximately 381,700 shares traded hands during mid-day trading, an increase of 309% from the average daily volume of 93,246 shares. The stock had previously closed at C$0.07.

Inomin Mines Stock Performance

The firm has a market cap of C$4.41 million, a PE ratio of -9.00 and a beta of 5.07. The stock has a 50-day simple moving average of C$0.07 and a two-hundred day simple moving average of 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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