Inomin Mines (CVE:MINE) Shares Down 12.5% – Should You Sell?

Shares of Inomin Mines Inc. (CVE:MINEGet Free Report) were down 12.5% during mid-day trading on Saturday . The stock traded as low as C$0.07 and last traded at C$0.07. Approximately 182,020 shares changed hands during mid-day trading, an increase of 7% from the average daily volume of 170,896 shares. The stock had previously closed at C$0.08.

Inomin Mines Price Performance

The stock has a fifty day moving average of C$0.07 and a 200 day moving average of C$0.06. The firm has a market capitalization of C$3.43 million, a P/E ratio of -7.00 and a beta of 5.36.

Inomin Mines Company Profile

(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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