Inomin Mines (CVE:MINE) Trading Up 28.6% – Still a Buy?

Inomin Mines Inc. (CVE:MINEGet Free Report)’s share price rose 28.6% on Monday . The company traded as high as C$0.10 and last traded at C$0.09. Approximately 274,986 shares were traded during mid-day trading, an increase of 97% from the average daily volume of 139,395 shares. The stock had previously closed at C$0.07.

Inomin Mines Stock Performance

The stock has a market cap of C$4.41 million, a P/E ratio of -9.00 and a beta of 5.36. The stock’s fifty day moving average is C$0.07 and its 200 day moving average is C$0.06.

Inomin Mines Company Profile

(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.

Further Reading

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