Inomin Mines (CVE:MINE) Stock Price Up 33.3% – Time to Buy?

Inomin Mines Inc. (CVE:MINEGet Free Report) was up 33.3% during mid-day trading on Friday . The company traded as high as C$0.09 and last traded at C$0.08. Approximately 109,966 shares were traded during trading, an increase of 32% from the average daily volume of 83,493 shares. The stock had previously closed at C$0.06.

Inomin Mines Price Performance

The stock has a market capitalization of C$3.92 million, a price-to-earnings ratio of -8.00 and a beta of 4.65. The business’s fifty day moving average price is C$0.04 and its 200-day moving average price is C$0.03.

About Inomin Mines

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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.

Further Reading

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