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

Inomin Mines Inc. (CVE:MINEGet Free Report)’s stock price traded down 15% on Thursday . The company traded as low as C$0.09 and last traded at C$0.09. 474,982 shares were traded 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 Trading Down 15.0%

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

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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