Inomin Mines (CVE:MINE) Shares Up 9.5% – Here’s Why

Shares of Inomin Mines Inc. (CVE:MINEGet Free Report) were up 9.5% on Tuesday . The stock traded as high as C$0.12 and last traded at C$0.12. Approximately 164,000 shares were traded during mid-day trading, an increase of 72% from the average daily volume of 95,185 shares. The stock had previously closed at C$0.11.

Inomin Mines Price Performance

The stock has a market cap of C$6.13 million, a P/E ratio of -12.50 and a beta of 5.05. The firm’s 50-day moving average price is C$0.09 and its 200-day moving average price is C$0.08.

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.

Further Reading

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