Inomin Mines (CVE:MINE) Trading Up 20% – Should You Buy?

Inomin Mines Inc. (CVE:MINEGet Free Report) was up 20% during trading on Thursday . The stock traded as high as C$0.10 and last traded at C$0.09. Approximately 902,372 shares were traded 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 business’s 50-day moving average is C$0.08 and its two-hundred day moving average is C$0.05. The firm has a market cap of C$4.41 million, a P/E ratio of -9.00 and a beta of 4.97.

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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