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

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

Inomin Mines Price Performance

The stock’s fifty day simple moving average is C$0.07 and its 200-day simple moving average is C$0.06. The firm has a market cap of C$4.41 million, a PE 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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