Inomin Mines (CVE:MINE) Trading Down 12.5% – Here’s Why

Inomin Mines Inc. (CVE:MINE – Get Free Report)’s share price traded down 12.5% during trading on Saturday . The stock traded as low as C$0.07 and last traded at C$0.07. 182,020 shares were traded 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 Stock Down 12.5%

The business has a 50-day simple moving average of C$0.07 and a two-hundred day simple moving average of C$0.06. The stock 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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