Inomin Mines (CVE:MINE) Shares Up 33.3% – Time to Buy?

Inomin Mines Inc. (CVE:MINEGet Free Report)’s stock price shot up 33.3% during mid-day trading on Saturday . The company traded as high as C$0.09 and last traded at C$0.08. 109,966 shares changed hands during mid-day trading, an increase of 32% from the average session volume of 83,493 shares. The stock had previously closed at C$0.06.

Inomin Mines Stock Performance

The firm has a market capitalization of C$3.92 million, a PE ratio of -8.00 and a beta of 4.65. The company’s fifty day moving average price is C$0.04 and its two-hundred day moving average price is C$0.03.

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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