Inomin Mines Inc. (CVE:MINE – Get Free Report) dropped 12.5% on Friday . The company traded as low as C$0.07 and last traded at C$0.07. Approximately 182,020 shares were traded 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 Performance
The company has a 50 day moving average of C$0.07 and a 200-day moving average of C$0.06. The stock has a market cap of C$3.43 million, a price-to-earnings ratio of -7.00 and a beta of 5.36.
About Inomin Mines
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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