Inomin Mines (CVE:MINE) Stock Price Down 12.5% – Should You Sell?
by Scott Moore · The Cerbat GemInomin Mines Inc. (CVE:MINE – Get Free Report) was down 12.5% on Saturday . The stock traded as low as C$0.07 and last traded at C$0.07. Approximately 182,020 shares were traded during trading, an increase of 7% from the average daily volume of 170,896 shares. The stock had previously closed at C$0.08.
Inomin Mines Trading Down 12.5%
The firm has a 50 day moving average price of C$0.07 and a 200-day moving average price of C$0.06. The firm has a market capitalization of C$3.43 million, a P/E ratio of -7.00 and a beta of 5.36.
About Inomin Mines
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.