Shares of Inomin Mines Inc. (CVE:MINE – Get Free Report) dropped 12.5% during trading on Friday . The stock traded as low as C$0.07 and last traded at C$0.07. Approximately 179,020 shares traded hands during trading, an increase of 5% from the average daily volume of 170,296 shares. The stock had previously closed at C$0.08.
Inomin Mines Stock Down 12.5%
The company’s fifty day moving average price is C$0.07 and its two-hundred day moving average price is C$0.06. The company has a market cap of C$3.43 million, a price-to-earnings ratio of -7.00 and a beta of 5.36.
Inomin Mines Company Profile
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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