Shares of Inomin Mines Inc. (CVE:MINE – Get Free Report) shot up 20% on Thursday . The company traded as high as C$0.10 and last traded at C$0.09. 902,372 shares changed hands during mid-day trading, an increase of 821% from the average session volume of 98,010 shares. The stock had previously closed at C$0.08.
Inomin Mines Stock Performance
The company’s 50-day simple moving average is C$0.08 and its 200 day simple moving average is C$0.05. The company has a market cap of C$4.41 million, a PE ratio of -9.00 and a beta of 4.97.
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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