Inomin Mines (CVE:MINE) Trading 14.3% Higher – Time to Buy?

Shares of Inomin Mines Inc. (CVE:MINEGet Free Report) rose 14.3% during mid-day trading on Monday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 156,199 shares were traded during mid-day trading, an increase of 25% from the average daily volume of 124,752 shares. The stock had previously closed at C$0.07.

Inomin Mines Price Performance

The company has a market capitalization of C$4.41 million, a P/E ratio of -9.00 and a beta of 5.36. The company has a 50 day moving average of C$0.07 and a 200-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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