Inomin Mines (CVE:MINE) Shares Down 12.5% – Should You Sell?

Inomin Mines Inc. (CVE:MINEGet Free Report) shares fell 12.5% on Saturday . The company traded as low as C$0.07 and last traded at C$0.07. 182,020 shares changed hands during mid-day trading, an increase of 7% from the average session volume of 170,896 shares. The stock had previously closed at C$0.08.

Inomin Mines Trading Down 12.5%

The company has a market capitalization of C$3.43 million, a price-to-earnings ratio of -7.00 and a beta of 5.36. The firm has a 50-day moving average price of C$0.07 and a 200-day moving average price of C$0.06.

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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