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

Inomin Mines Inc. (CVE:MINEGet Free Report) shares rose 25% during mid-day trading on Tuesday . 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 stock has a fifty day moving average of C$0.06 and a 200-day moving average of C$0.04. The company has a market cap of C$3.68 million, a PE ratio of -7.50 and a beta of 4.65.

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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