Inomin Mines (CVE:MINE) Trading Down 12.5% – What’s Next?

Inomin Mines Inc. (CVE:MINEGet Free Report)’s share price fell 12.5% during mid-day trading on Saturday . The stock traded as low as C$0.07 and last traded at C$0.07. 182,020 shares traded hands during mid-day trading, an increase of 7% from the average session volume of 170,896 shares. The stock had previously closed at C$0.08.

Inomin Mines Stock Performance

The business’s fifty day moving average is C$0.07 and its 200-day moving average is C$0.06. The firm has a market cap of C$3.43 million, a P/E ratio of -7.00 and a beta of 5.36.

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.

Further Reading

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