Inomin Mines (CVE:MINE) Shares Down 12% – Here’s Why

Inomin Mines Inc. (CVE:MINEGet Free Report) traded down 12% during mid-day trading on Tuesday . The stock traded as low as C$0.11 and last traded at C$0.11. 134,065 shares traded hands during trading, an increase of 27% from the average session volume of 105,903 shares. The stock had previously closed at C$0.13.

Inomin Mines Stock Performance

The firm has a market capitalization of C$5.15 million, a price-to-earnings ratio of -10.50 and a beta of 5.05. The business has a fifty day moving average price of C$0.10 and a 200 day moving average price of C$0.09.

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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