Inomin Mines (CVE:MINE) Shares Up 20% – Time to Buy?

Inomin Mines Inc. (CVE:MINEGet Free Report) rose 20% during mid-day trading on Thursday . The company traded as high as C$0.10 and last traded at C$0.09. Approximately 902,372 shares changed hands during mid-day trading, an increase of 821% from the average daily volume of 98,010 shares. The stock had previously closed at C$0.08.

Inomin Mines Trading Up 20.0%

The company has a market cap of C$4.41 million, a PE ratio of -9.00 and a beta of 5.07. The business’s 50 day moving average is C$0.08 and its two-hundred day moving average is C$0.05.

Inomin Mines Company Profile

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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.

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