Inomin Mines (CVE:MINE) Trading Down 12.5% – Time to Sell?

Inomin Mines Inc. (CVE:MINEGet Free Report) traded down 12.5% during mid-day trading on Friday . The stock traded as low as C$0.07 and last traded at C$0.07. 182,020 shares were traded during mid-day trading, an increase of 7% from the average session volume of 170,896 shares. The stock had previously closed at C$0.08.

Inomin Mines Price Performance

The stock has a market cap of C$3.43 million, a P/E ratio of -7.00 and a beta of 5.36. The firm’s fifty day moving average price is C$0.07 and its two-hundred day moving average price is C$0.06.

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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