Inomin Mines (CVE:MINE) Trading Up 33.3% – Should You Buy?

Inomin Mines Inc. (CVE:MINEGet Free Report) was up 33.3% 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 company has a market cap of C$3.92 million, a price-to-earnings 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.

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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