Inomin Mines Inc. (CVE:MINE – Get Free Report)’s stock price dropped 15% during mid-day trading on Thursday . The company traded as low as C$0.09 and last traded at C$0.09. Approximately 474,982 shares changed hands during trading, an increase of 252% from the average daily volume of 134,890 shares. The stock had previously closed at C$0.10.
Inomin Mines Trading Down 15.0%
The company has a market cap of C$4.17 million, a P/E ratio of -8.50 and a beta of 5.63. The business’s 50 day simple moving average is C$0.08 and its 200 day simple moving average is C$0.07.
About Inomin Mines
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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