Inomin Mines (CVE:MINE) Trading 21.4% Higher – Here’s Why

Inomin Mines Inc. (CVE:MINEGet Free Report)’s share price was up 21.4% during mid-day trading on Wednesday . The company traded as high as C$0.09 and last traded at C$0.09. Approximately 78,579 shares traded hands during trading, a decline of 12% from the average daily volume of 89,651 shares. The stock had previously closed at C$0.07.

Inomin Mines Price Performance

The stock’s fifty day simple moving average is C$0.07 and its 200-day simple moving average is C$0.05. The firm has a market cap of C$4.17 million, a PE ratio of -8.50 and a beta of 5.07.

Inomin Mines Company Profile

(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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