Inomin Mines (CVE:MINE) Trading Up 28.6% – Still a Buy?

Inomin Mines Inc. (CVE:MINEGet Free Report)’s stock price rose 28.6% on Monday . The company traded as high as C$0.10 and last traded at C$0.09. Approximately 274,986 shares traded hands during trading, an increase of 96% from the average daily volume of 140,081 shares. The stock had previously closed at C$0.07.

Inomin Mines Stock Up 28.6%

The company’s 50-day moving average price is C$0.07 and its 200-day moving average price is C$0.06. The firm has a market cap of C$4.41 million, a price-to-earnings ratio of -9.00 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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