Inomin Mines (CVE:MINE) Trading Down 12.5% – Should You Sell?

Inomin Mines Inc. (CVE:MINEGet Free Report) dropped 12.5% on Friday . The stock traded as low as C$0.07 and last traded at C$0.07. Approximately 182,020 shares changed hands during mid-day trading, an increase of 7% from the average daily volume of 170,896 shares. The stock had previously closed at C$0.08.

Inomin Mines Stock Down 12.5%

The firm has a market capitalization of C$3.43 million, a PE ratio of -7.00 and a beta of 5.36. The firm’s 50 day moving average price is C$0.07 and its two-hundred day moving average price is C$0.06.

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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