Inomin Mines (CVE:MINE) Trading 42.9% Higher – What’s Next?

Inomin Mines Inc. (CVE:MINEGet Free Report) shares were up 42.9% on Thursday . The stock traded as high as C$0.11 and last traded at C$0.10. Approximately 381,700 shares changed hands during mid-day 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 Stock Down 5.3%

The firm has a 50-day moving average price of C$0.07 and a two-hundred day moving average price of C$0.04. The company has a market capitalization of C$4.41 million, a P/E ratio of -9.00 and a beta of 5.07.

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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