Inomin Mines (CVE:MINE) Shares Down 9.1% – Here’s Why

Shares of Inomin Mines Inc. (CVE:MINE – Get Free Report) were down 9.1% during trading on Friday. The stock traded as low as C$0.10 and last traded at C$0.10. Approximately 155,135 shares changed hands during trading, an increase of 54% from the average session volume of 100,974 shares. The stock had previously closed at C$0.11.

Inomin Mines Stock Performance

The firm has a market cap of C$5.56 million, a P/E ratio of -10.00 and a beta of 5.88. The firm’s fifty day simple moving average is C$0.12 and its 200 day simple moving average is C$0.10.

Inomin Mines Company Profile

(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.

Further Reading

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