Inomin Mines (CVE:MINE) Shares Down 12.5% – Here’s What Happened

Inomin Mines Inc. (CVE:MINE – Get Free Report) traded down 12.5% during mid-day trading on Friday . The stock traded as low as C$0.07 and last traded at C$0.07. 182,020 shares traded hands during 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 Trading Down 12.5%

The stock has a fifty day simple moving average of C$0.07 and a two-hundred day simple moving average of C$0.06. The company has a market cap of C$3.43 million, a PE 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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