Inomin Mines (CVE:MINE) Trading Up 25% – Time to Buy?

Inomin Mines Inc. (CVE:MINE – Get Free Report)’s stock price shot up 25% during mid-day trading on Tuesday . The company traded as high as C$0.08 and last traded at C$0.08. 155,127 shares traded hands during trading, a decline of 0% from the average session volume of 155,665 shares. The stock had previously closed at C$0.06.

Inomin Mines Price Performance

The business’s 50-day moving average price is C$0.07 and its two-hundred day moving average price is C$0.06. The company has a market capitalization of C$3.68 million, a price-to-earnings ratio of -7.50 and a beta of 5.36.

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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