Inomin Mines (CVE:MINE) Stock Price Down 15% – Here’s What Happened

Inomin Mines Inc. (CVE:MINEGet Free Report) was down 15% during trading on Thursday . The stock traded as low as C$0.09 and last traded at C$0.09. Approximately 474,982 shares were traded during trading, an increase of 248% from the average daily volume of 136,590 shares. The stock had previously closed at C$0.10.

Inomin Mines Stock Performance

The stock’s fifty day moving average price is C$0.08 and its 200-day moving average price is C$0.07. The firm has a market cap of C$4.90 million, a PE ratio of -10.00 and a beta of 5.63.

About Inomin Mines

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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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