Inomin Mines (CVE:MINE) Shares Up 28.6% – Should You Buy?

Inomin Mines Inc. (CVE:MINEGet Free Report) shares were up 28.6% during mid-day trading on Monday . The stock traded as high as C$0.10 and last traded at C$0.09. Approximately 267,449 shares traded hands during mid-day trading, an increase of 100% from the average daily volume of 133,527 shares. The stock had previously closed at C$0.07.

Inomin Mines Trading Up 28.6%

The stock has a market capitalization of C$4.41 million, a P/E ratio of -9.00 and a beta of 5.36. The stock’s 50 day simple moving average is C$0.07 and its 200 day simple moving average 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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