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

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

Inomin Mines Trading Down 12.5%

The firm’s 50-day moving average price is C$0.07 and its 200-day moving average price is C$0.06. The stock has a market capitalization of C$3.43 million, a PE ratio of -7.00 and a beta of 5.36.

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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