Inomin Mines (CVE:MINE) Stock Price Down 12.5% – Time to Sell?

Inomin Mines Inc. (CVE:MINEGet Free Report)’s stock price dropped 12.5% during trading on Saturday . The company traded as low as C$0.07 and last traded at C$0.07. Approximately 182,020 shares traded hands during trading, an increase of 7% from the average daily volume of 170,896 shares. The stock had previously closed at C$0.08.

Inomin Mines Price Performance

The firm has a market capitalization of C$3.43 million, a price-to-earnings ratio of -7.00 and a beta of 5.36. The stock has a fifty day moving average of C$0.07 and a two-hundred day moving average of C$0.06.

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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