Inomin Mines (CVE:MINE) Stock Price Up 19% – Time to Buy?

Shares of Inomin Mines Inc. (CVE:MINEGet Free Report) rose 19% during mid-day trading on Wednesday . The company traded as high as C$0.13 and last traded at C$0.13. Approximately 138,282 shares changed hands during trading, an increase of 36% from the average daily volume of 101,313 shares. The stock had previously closed at C$0.11.

Inomin Mines Stock Down 3.6%

The stock’s 50-day moving average price is C$0.09 and its 200 day moving average price is C$0.08. The firm has a market cap of C$6.62 million, a price-to-earnings ratio of -13.50 and a beta of 5.05.

About Inomin Mines

(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.

Recommended Stories

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.