Inomin Mines Inc. (CVE:MINE – Get Free Report)’s share price dropped 21.1% on Tuesday . The stock traded as low as C$0.08 and last traded at C$0.08. Approximately 150,360 shares traded hands during trading, an increase of 64% from the average daily volume of 91,757 shares. The stock had previously closed at C$0.10.
Inomin Mines Price Performance
The stock’s 50 day simple moving average is C$0.05 and its two-hundred day simple moving average is C$0.04. The stock has a market cap of C$3.68 million, a P/E ratio of -7.50 and a beta of 4.65.
About Inomin Mines
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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