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

Inomin Mines Inc. (CVE:MINEGet Free Report)’s share price was down 15% during trading on Friday . The stock traded as low as C$0.09 and last traded at C$0.09. Approximately 474,982 shares were traded during mid-day trading, an increase of 248% from the average daily volume of 136,590 shares. The stock had previously closed at C$0.10.

Inomin Mines Stock Performance

The stock has a market capitalization of C$4.17 million, a price-to-earnings ratio of -8.50 and a beta of 5.63. The business has a 50-day moving average of C$0.08 and a 200-day moving average of C$0.07.

About Inomin Mines

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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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