Inomin Mines (CVE:MINE) Stock Price Down 10% – Here’s Why

Inomin Mines Inc. (CVE:MINEGet Free Report)’s stock price was down 10% on Thursday . The company traded as low as C$0.09 and last traded at C$0.09. Approximately 362,421 shares changed hands during trading, an increase of 173% from the average daily volume of 132,805 shares. The stock had previously closed at C$0.10.

Inomin Mines Price Performance

The company has a fifty day simple moving average of C$0.08 and a 200-day simple moving average of C$0.07. The company has a market cap of C$4.41 million, a P/E ratio of -9.00 and a beta of 5.63.

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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