Inomin Mines (CVE:MINE) Stock Price Up 25% – Still a Buy?

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

Inomin Mines Stock Up 25.0%

The stock has a market capitalization of C$3.68 million, a P/E ratio of -7.50 and a beta of 4.65. The firm’s 50 day simple moving average is C$0.06 and its two-hundred day simple moving average is C$0.04.

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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