Inomin Mines (CVE:MINE) Trading Up 26.7% – Still a Buy?

Shares of Inomin Mines Inc. (CVE:MINEGet Free Report) rose 26.7% during mid-day trading on Thursday . The company traded as high as C$0.10 and last traded at C$0.10. Approximately 217,372 shares traded hands during trading, an increase of 131% from the average daily volume of 93,957 shares. The stock had previously closed at C$0.08.

Inomin Mines Stock Up 20.0%

The company has a market cap of C$4.41 million, a P/E ratio of -9.00 and a beta of 5.07. The company has a 50 day moving average price of C$0.08 and a 200-day moving average price of C$0.05.

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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