Inomin Mines (CVE:MINE) Stock Price Up 42.9% – What’s Next?

Inomin Mines Inc. (CVE:MINEGet Free Report) shares rose 42.9% on Thursday . The company traded as high as C$0.11 and last traded at C$0.10. Approximately 381,700 shares traded hands during trading, an increase of 309% from the average daily volume of 93,246 shares. The stock had previously closed at C$0.07.

Inomin Mines Trading Up 42.9%

The firm has a market capitalization of C$4.90 million, a price-to-earnings ratio of -10.00 and a beta of 5.07. The company has a fifty day moving average price of C$0.06 and a 200-day moving average price of C$0.04.

Inomin Mines Company Profile

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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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