Inomin Mines (CVE:MINE) Shares Down 30% – Should You Sell?

Shares of Inomin Mines Inc. (CVE:MINEGet Free Report) traded down 30% during trading on Wednesday . The company traded as low as C$0.04 and last traded at C$0.04. 106,000 shares traded hands during mid-day trading, an increase of 200% from the average session volume of 35,338 shares. The stock had previously closed at C$0.05.

Inomin Mines Trading Down 20.0 %

The stock has a market capitalization of C$1.62 million, a price-to-earnings ratio of -4.00 and a beta of 3.97. The firm’s 50 day simple moving average is C$0.04 and its 200-day simple moving average is C$0.04.

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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