Inomin Mines (CVE:MINE) Trading Down 15% – Here’s Why

Inomin Mines Inc. (CVE:MINEGet Free Report)’s stock price was down 15% during trading on Thursday . The stock traded as low as C$0.09 and last traded at C$0.09. Approximately 474,982 shares changed hands during mid-day trading, an increase of 248% from the average daily volume of 136,590 shares. The stock had previously closed at C$0.10.

Inomin Mines Trading Down 15.0%

The firm’s 50-day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.07. The stock has a market capitalization of C$4.17 million, a PE ratio of -8.50 and a beta of 5.63.

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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