Inomin Mines (CVE:MINE) Shares Down 12.5% – Should You Sell?

Inomin Mines Inc. (CVE:MINE – Get Free Report)’s share price dropped 12.5% during mid-day trading on Friday . The stock traded as low as C$0.07 and last traded at C$0.07. Approximately 182,020 shares were traded during mid-day 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 business’s fifty day moving average price is C$0.07 and its 200 day moving average price is C$0.06. The company 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

(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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