Inomin Mines (CVE:MINE) Trading 13.6% Higher – Time to Buy?

Inomin Mines Inc. (CVE:MINEGet Free Report) shot up 13.6% during mid-day trading on Tuesday . The company traded as high as C$0.14 and last traded at C$0.12. Approximately 143,708 shares changed hands during mid-day trading, an increase of 63% from the average session volume of 88,190 shares. The stock had previously closed at C$0.11.

Inomin Mines Stock Up 13.6%

The firm has a market capitalization of C$6.13 million, a price-to-earnings ratio of -12.50 and a beta of 5.96. The company’s 50 day moving average price is C$0.10 and its 200 day moving average price is C$0.09.

About Inomin Mines

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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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