Inomin Mines (CVE:MINE) Stock Price Down 20% – Here’s What Happened

Inomin Mines Inc. (CVE:MINEGet Free Report) shares fell 20% during mid-day trading on Wednesday . The stock traded as low as C$0.04 and last traded at C$0.04. 178,735 shares traded hands during trading, an increase of 110% from the average session volume of 85,226 shares. The stock had previously closed at C$0.05.

Inomin Mines Price Performance

The stock has a market capitalization of C$2.45 million, a P/E ratio of -5.00 and a beta of 4.44. The firm has a 50 day moving average of C$0.04 and a 200-day moving average of C$0.03.

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.

Further Reading

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