Inomin Mines (CVE:MINE) Trading 20% Higher – Time to Buy?

Inomin Mines Inc. (CVE:MINEGet Free Report)’s share price was up 20% on Thursday . The company traded as high as C$0.10 and last traded at C$0.09. Approximately 858,372 shares traded hands during mid-day trading, an increase of 778% from the average daily volume of 97,750 shares. The stock had previously closed at C$0.08.

Inomin Mines Stock Performance

The firm has a market capitalization of C$4.41 million, a PE ratio of -9.00 and a beta of 5.07. The firm’s 50 day moving average price is C$0.08 and its 200-day moving average price 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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