Inomin Mines (CVE:MINE) Reaches New 1-Year Low – Should You Sell?

Shares of Inomin Mines Inc. (CVE:MINEGet Free Report) reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 3000 shares trading hands. The stock had previously closed at C$0.03.

Inomin Mines Trading Down 16.7 %

The company’s 50-day moving average is C$0.04 and its 200 day moving average is C$0.04. The firm has a market cap of C$1.01 million, a PE ratio of -2.50 and a beta of 3.97.

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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