Inomin Mines (CVE:MINE) Stock Price Down 12.5% – What’s Next?

Inomin Mines Inc. (CVE:MINE – Get Free Report) fell 12.5% on Friday . The stock traded as low as C$0.07 and last traded at C$0.07. 182,020 shares changed hands during mid-day trading, an increase of 7% from the average session volume of 170,896 shares. The stock had previously closed at C$0.08.

Inomin Mines Stock Down 12.5%

The company’s 50-day moving average price is C$0.07 and its 200-day moving average price is C$0.06. The firm has a market cap of C$3.43 million, a price-to-earnings ratio of -7.00 and a beta of 5.36.

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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