Inomin Mines (CVE:MINE) Shares Up 25% – Should You Buy?

Inomin Mines Inc. (CVE:MINEGet Free Report) shares shot up 25% during trading on Tuesday . The stock traded as high as C$0.08 and last traded at C$0.08. 297,700 shares traded hands during trading, an increase of 227% from the average session volume of 91,102 shares. The stock had previously closed at C$0.06.

Inomin Mines Price Performance

The company has a market cap of C$3.68 million, a PE ratio of -7.50 and a beta of 4.65. The stock has a 50 day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.04.

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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