Inomin Mines (CVE:MINE) Trading 20% Higher – Should You Buy?

Shares of Inomin Mines Inc. (CVE:MINEGet Free Report) rose 20% during trading on Thursday . The stock traded as high as C$0.10 and last traded at C$0.09. 902,372 shares changed hands during mid-day trading, an increase of 821% from the average session volume of 98,010 shares. The stock had previously closed at C$0.08.

Inomin Mines Stock Performance

The firm has a market cap of C$4.41 million, a P/E ratio of -9.00 and a beta of 4.97. The firm’s fifty day simple moving average is C$0.08 and its 200 day simple moving average is C$0.05.

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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