Shares of Inomin Mines Inc. (CVE:MINE – Get Free Report) dropped 12% on Tuesday . The stock traded as low as C$0.11 and last traded at C$0.11. Approximately 134,065 shares were traded during mid-day trading, an increase of 27% from the average daily volume of 105,903 shares. The stock had previously closed at C$0.13.
Inomin Mines Stock Down 20.0%
The company has a market cap of C$4.90 million, a price-to-earnings ratio of -10.00 and a beta of 5.05. The firm has a 50 day moving average price of C$0.09 and a two-hundred day moving average price of C$0.08.
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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