Inomin Mines (CVE:MINE) Trading Up 28.6% – Should You Buy?

Inomin Mines Inc. (CVE:MINEGet Free Report) was up 28.6% during mid-day trading on Monday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 144,000 shares were traded during mid-day trading, an increase of 143% from the average daily volume of 59,178 shares. The stock had previously closed at C$0.04.

Inomin Mines Stock Performance

The company has a market cap of C$2.02 million, a price-to-earnings ratio of -3.50 and a beta of 3.97. The firm’s 50-day moving average price is C$0.04 and its 200 day moving average price is C$0.04.

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.

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