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

Inomin Mines Inc. (CVE:MINEGet Free Report) was down 15% 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 Price Performance

The stock has a market capitalization of C$4.17 million, a PE ratio of -8.50 and a beta of 5.63. The business’s fifty day moving average price is C$0.08 and its two-hundred day moving average price is 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.

Recommended Stories

Receive News & Ratings for Inomin Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inomin Mines and related companies with MarketBeat.com's FREE daily email newsletter.