Inomin Mines (CVE:MINE) Stock Price Up 28.6% – Still a Buy?

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

Inomin Mines Stock Down 11.1%

The company’s fifty day moving average is C$0.03 and its 200 day moving average is C$0.03. The stock has a market cap of C$1.62 million, a PE ratio of -4.00 and a beta of 3.97.

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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