Inomin Mines (CVE:MINE) Trading Up 25% – Still a Buy?

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

Inomin Mines Price Performance

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

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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