Inomin Mines (CVE:MINE) Stock Price Up 20% – Here’s Why

Inomin Mines Inc. (CVE:MINEGet Free Report)’s stock price shot up 20% during trading on Friday . The company traded as high as C$0.10 and last traded at C$0.09. 902,372 shares were traded during trading, an increase of 821% from the average session volume of 98,010 shares. The stock had previously closed at C$0.08.

Inomin Mines Stock Performance

The firm has a market capitalization of C$4.41 million, a P/E ratio of -9.00 and a beta of 4.97. The firm has a 50 day moving average price of C$0.08 and a two-hundred day moving average price of C$0.05.

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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