Inomin Mines (CVE:MINE) Trading 16.7% Higher – Still a Buy?

Inomin Mines Inc. (CVE:MINEGet Free Report)’s share price shot up 16.7% during trading on Monday . The stock traded as high as C$0.07 and last traded at C$0.07. 224,700 shares changed hands during mid-day trading, an increase of 152% from the average session volume of 89,228 shares. The stock had previously closed at C$0.06.

Inomin Mines Stock Performance

The stock has a market capitalization of C$3.43 million, a price-to-earnings ratio of -7.00 and a beta of 4.65. The business has a fifty day simple moving average of C$0.06 and a 200 day simple moving average of C$0.04.

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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