Inomin Mines (CVE:MINE) Stock Price Down 15% – Time to Sell?

by · The Markets Daily

Inomin Mines Inc. (CVE:MINE – Get Free Report) fell 15% during mid-day trading on Thursday . The stock traded as low as C$0.09 and last traded at C$0.09. 474,982 shares were traded during mid-day trading, an increase of 248% from the average session volume of 136,590 shares. The stock had previously closed at C$0.10.

Inomin Mines Trading Up 17.6%

The company has a 50-day moving average price of C$0.08 and a two-hundred day moving average price of C$0.07. The stock has a market capitalization of C$4.90 million, a P/E ratio of -10.00 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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