Inomin Mines (CVE:MINE) Stock Price Up 25% – Here’s Why

Inomin Mines Inc. (CVE:MINEGet Free Report)’s share price rose 25% during mid-day trading on Monday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 297,700 shares were traded during trading, an increase of 227% from the average daily volume of 91,102 shares. The stock had previously closed at C$0.06.

Inomin Mines Stock Performance

The firm has a market cap of C$3.68 million, a price-to-earnings ratio of -7.50 and a beta of 4.65. The business’s 50-day moving average is C$0.06 and its 200-day moving average is C$0.04.

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.

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