Inomin Mines (CVE:MINE) Trading Up 20% – Here’s What Happened

Inomin Mines Inc. (CVE:MINEGet Free Report) rose 20% during mid-day trading on Thursday . The company traded as high as C$0.10 and last traded at C$0.09. Approximately 902,372 shares were traded during trading, an increase of 821% from the average daily volume of 98,010 shares. The stock had previously closed at C$0.08.

Inomin Mines Stock Up 20.0%

The firm has a market capitalization of C$4.41 million, a price-to-earnings ratio of -9.00 and a beta of 5.07. The stock has a 50 day moving average of C$0.08 and a 200 day moving average of C$0.05.

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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