Inomin Mines (CVE:MINE) Trading Up 25% – Still a Buy?

Inomin Mines Inc. (CVE:MINEGet Free Report) shot up 25% during mid-day trading on Wednesday . The company traded as high as C$0.08 and last traded at C$0.08. 155,127 shares traded hands during mid-day 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 firm has a 50-day moving average price of C$0.07 and a 200 day moving average price of C$0.06. The firm has a market capitalization of C$3.92 million, a PE ratio of -8.00 and a beta of 5.36.

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.

Read More

Receive News & Ratings for Inomin Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inomin Mines and related companies with MarketBeat.com's FREE daily email newsletter.