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

by · The Markets Daily

Inomin Mines Inc. (CVE:MINE – Get Free Report) traded down 15% during trading on Thursday . The stock traded as low as C$0.09 and last traded at C$0.09. 474,982 shares traded hands 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 Price Performance

The stock’s fifty day moving average price is C$0.08 and its 200-day moving average price is C$0.07. The firm has a market cap of C$4.90 million, a PE ratio of -10.00 and a beta of 5.63.

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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