Inomin Mines (CVE:MINE) Stock Price Up 100% – Here’s What Happened

Inomin Mines Inc. (CVE:MINEGet Free Report)’s share price was up 100% during trading on Friday . The company traded as high as C$0.05 and last traded at C$0.04. Approximately 1,263,031 shares traded hands during 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 Performance

The stock has a market cap of C$1.62 million, a PE ratio of -4.00 and a beta of 3.97. The business has a 50-day moving average of C$0.02 and a 200 day moving average of C$0.04.

About Inomin Mines

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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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