Inomin Mines (CVE:MINE) Trading 33.3% Higher – Time to Buy?

Shares of Inomin Mines Inc. (CVE:MINEGet Free Report) traded up 33.3% during mid-day trading on Saturday . The stock traded as high as C$0.09 and last traded at C$0.08. 109,966 shares were traded 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 Trading 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 stock has a market capitalization of C$3.92 million, a price-to-earnings ratio of -8.00 and a beta of 4.65.

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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