Inomin Mines (CVE:MINE) Trading Down 21.1% – Here’s Why

Inomin Mines Inc. (CVE:MINEGet Free Report)’s stock price was down 21.1% on Tuesday . The stock traded as low as C$0.08 and last traded at C$0.08. Approximately 150,360 shares were traded during mid-day trading, an increase of 64% from the average daily volume of 91,757 shares. The stock had previously closed at C$0.10.

Inomin Mines Stock Down 21.1%

The firm has a 50 day moving average of C$0.05 and a two-hundred day moving average of C$0.04. The firm has a market capitalization of C$3.68 million, a price-to-earnings ratio of -7.50 and a beta of 4.65.

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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