Inomin Mines (CVE:MINE) Shares Up 100% – Still a Buy?

Inomin Mines Inc. (CVE:MINEGet Free Report)’s stock price rose 100% during mid-day trading on Friday . The company traded as high as C$0.05 and last traded at C$0.04. Approximately 1,263,031 shares changed hands during mid-day trading, an increase of 1,608% from the average daily volume of 73,969 shares. The stock had previously closed at C$0.02.

Inomin Mines Stock Up 100.0%

The business’s 50 day moving average is C$0.02 and its 200-day moving average is C$0.04. The firm has a market cap of C$1.62 million, a P/E ratio of -4.00 and a beta of 3.97.

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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