Inomin Mines (CVE:MINE) Shares Down 8.3% – Time to Sell?

Inomin Mines Inc. (CVE:MINEGet Free Report) shares were down 8.3% during trading on Tuesday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 199,020 shares changed hands during trading, an increase of 87% from the average daily volume of 106,578 shares. The stock had previously closed at C$0.06.

Inomin Mines Price Performance

The firm has a market cap of C$2.70 million, a PE ratio of -5.50 and a beta of 4.97. The business has a 50-day moving average price of C$0.08 and a two-hundred day moving average price of C$0.06.

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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