Inomin Mines (CVE:MINE) Trading 42.9% Higher – Here’s Why

Inomin Mines Inc. (CVE:MINEGet Free Report) shares shot up 42.9% on Thursday . The stock traded as high as C$0.11 and last traded at C$0.10. 381,700 shares were traded during mid-day trading, an increase of 309% from the average session volume of 93,246 shares. The stock had previously closed at C$0.07.

Inomin Mines Trading Up 42.9%

The company’s 50 day moving average price is C$0.06 and its 200-day moving average price is C$0.04. The company has a market capitalization of C$4.90 million, a PE ratio of -10.00 and a beta of 5.07.

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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