Inomin Mines (CVE:MINE) Shares Up 28.6% – Here’s Why

Inomin Mines Inc. (CVE:MINEGet Free Report) shares were up 28.6% during mid-day trading on Friday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 228,000 shares were traded during mid-day trading, an increase of 225% from the average daily volume of 70,103 shares. The stock had previously closed at C$0.04.

Inomin Mines Stock Performance

The company has a market capitalization of C$1.62 million, a P/E ratio of -4.00 and a beta of 3.97. The company has a 50-day simple moving average of C$0.03 and a 200 day simple moving average of C$0.03.

About Inomin Mines

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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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