Inomin Mines (CVE:MINE) Trading Down 21.1% – Time to Sell?

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

Inomin Mines Stock Performance

The stock’s fifty day moving average is C$0.05 and its 200 day moving average is C$0.04. The stock has a market cap of C$3.68 million, a P/E ratio of -7.50 and a beta of 4.65.

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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