Inomin Mines (CVE:MINE) Shares Up 33.3% – Should You Buy?

Inomin Mines Inc. (CVE:MINEGet Free Report) shot up 33.3% on Friday . The company traded as high as C$0.09 and last traded at C$0.08. 109,966 shares traded hands during mid-day trading, an increase of 32% from the average session volume of 83,493 shares. The stock had previously closed at C$0.06.

Inomin Mines Stock Up 33.3%

The company has a market capitalization of C$3.92 million, a price-to-earnings ratio of -8.00 and a beta of 4.65. The stock has a fifty day moving average price of C$0.04 and a two-hundred day moving average price of C$0.03.

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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