Inomin Mines (CVE:MINE) Stock Price Up 100% – Time to Buy?

Shares of Inomin Mines Inc. (CVE:MINEGet Free Report) rose 100% on Friday . The company traded as high as C$0.05 and last traded at C$0.04. Approximately 1,223,031 shares traded hands during mid-day trading, an increase of 1,573% from the average daily volume of 73,092 shares. The stock had previously closed at C$0.02.

Inomin Mines Stock Up 100.0%

The stock has a 50 day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.04. The stock has a market capitalization of C$1.62 million, a P/E ratio of -4.00 and a beta of 3.97.

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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