Inomin Mines (CVE:MINE) Trading 26.7% Higher – Here’s Why

Inomin Mines Inc. (CVE:MINEGet Free Report) was up 26.7% during trading on Thursday . The company traded as high as C$0.10 and last traded at C$0.10. Approximately 165,370 shares traded hands during mid-day trading, an increase of 77% from the average daily volume of 93,182 shares. The stock had previously closed at C$0.08.

Inomin Mines Trading Up 20.0%

The company has a market capitalization of C$4.41 million, a price-to-earnings ratio of -9.00 and a beta of 5.07. The firm has a 50-day simple moving average of C$0.08 and a two-hundred day simple moving average of C$0.05.

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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