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

Shares of Inomin Mines Inc. (CVE:MINEGet Free Report) were up 28.6% during trading on Friday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 228,000 shares changed hands during 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 Price Performance

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

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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