Inomin Mines (CVE:MINE) Shares Down 12.5% – Here’s Why

Inomin Mines Inc. (CVE:MINEGet Free Report)’s stock price traded down 12.5% during trading on Saturday . The stock traded as low as C$0.07 and last traded at C$0.07. 182,020 shares changed 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 Price Performance

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

Inomin Mines Company Profile

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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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