Inomin Mines (CVE:MINE) Stock Price Up 33.3% – What’s Next?

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

Inomin Mines Stock Up 33.3%

The firm’s 50 day simple moving average is C$0.04 and its 200-day simple moving average is C$0.03. The company has a market capitalization of C$3.92 million, a PE ratio of -8.00 and a beta of 4.65.

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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