Inomin Mines (CVE:MINE) Trading Up 33.3% – Still a Buy?

Inomin Mines Inc. (CVE:MINEGet Free Report)’s stock price traded up 33.3% during mid-day trading on Thursday . The stock traded as high as C$0.06 and last traded at C$0.04. 994,716 shares changed hands during mid-day trading, an increase of 1,161% from the average session volume of 78,862 shares. The stock had previously closed at C$0.03.

Inomin Mines Price Performance

The company’s 50-day simple moving average is C$0.04 and its 200-day simple moving average is C$0.03. The company has a market cap of C$1.96 million, a price-to-earnings ratio of -4.00 and a beta of 4.31.

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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