Inomin Mines (CVE:MINE) Stock Price Up 25% – Time to Buy?

Inomin Mines Inc. (CVE:MINEGet Free Report) rose 25% during mid-day trading on Wednesday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 155,127 shares changed hands during trading, a decline of 0% from the average daily volume of 155,665 shares. The stock had previously closed at C$0.06.

Inomin Mines Price Performance

The stock’s 50 day simple moving average is C$0.07 and its two-hundred day simple moving average is C$0.06. The company has a market capitalization of C$3.68 million, a P/E ratio of -7.50 and a beta of 5.36.

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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