Inomin Mines (CVE:MINE) Stock Price Up 28.6% – Time to Buy?

Inomin Mines Inc. (CVE:MINEGet Free Report) traded up 28.6% during mid-day trading on Monday . The stock traded as high as C$0.10 and last traded at C$0.09. 268,129 shares traded hands during mid-day trading, an increase of 92% from the average session volume of 139,395 shares. The stock had previously closed at C$0.07.

Inomin Mines Stock Up 28.6%

The stock has a 50 day simple moving average of C$0.07 and a 200 day simple moving average of C$0.06. The company has a market cap of C$4.41 million, a price-to-earnings ratio of -9.00 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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