Inomin Mines (CVE:MINE) Stock Price Down 15% – Here’s What Happened

Shares of Inomin Mines Inc. (CVE:MINEGet Free Report) traded down 15% on Thursday . The company traded as low as C$0.09 and last traded at C$0.09. 474,982 shares changed hands during mid-day trading, an increase of 248% from the average session volume of 136,590 shares. The stock had previously closed at C$0.10.

Inomin Mines Price Performance

The company has a market cap of C$4.17 million, a price-to-earnings ratio of -8.50 and a beta of 5.63. The firm has a fifty day simple moving average of C$0.08 and a 200 day simple moving average of C$0.07.

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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