Inomin Mines (CVE:MINE) Trading 100% Higher – Here’s What Happened

Shares of Inomin Mines Inc. (CVE:MINEGet Free Report) rose 100% during trading on Friday . The company traded as high as C$0.05 and last traded at C$0.04. Approximately 1,263,031 shares traded hands during trading, an increase of 1,608% from the average daily volume of 73,969 shares. The stock had previously closed at C$0.02.

Inomin Mines Trading Up 100.0%

The company has a market capitalization of C$1.62 million, a P/E ratio of -4.00 and a beta of 3.97. The business’s 50-day simple moving average is C$0.02 and its 200 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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