Inomin Mines (CVE:MINE) Shares Up 33.3% – Still a Buy?

Inomin Mines Inc. (CVE:MINEGet Free Report)’s share price rose 33.3% during trading on Friday . The company traded as high as C$0.09 and last traded at C$0.08. Approximately 109,966 shares traded hands during mid-day trading, an increase of 32% from the average daily volume of 83,493 shares. The stock had previously closed at C$0.06.

Inomin Mines Trading Up 33.3%

The business has a 50-day moving average of C$0.04 and a 200 day moving average of C$0.03. The firm has a market capitalization of C$3.92 million, a P/E ratio of -8.00 and a beta of 4.65.

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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