Inomin Mines (CVE:MINE) Trading Up 42.9% – Here’s Why

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

Inomin Mines Stock Performance

The stock has a fifty day simple moving average of C$0.07 and a 200 day simple moving average of C$0.04. The firm has a market cap of C$4.41 million, a P/E ratio of -9.00 and a beta of 5.07.

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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