Inomin Mines (CVE:MINE) Trading Up 28.6% – Time to Buy?

Inomin Mines Inc. (CVE:MINEGet Free Report) shares rose 28.6% during mid-day trading on Monday . The company traded as high as C$0.10 and last traded at C$0.09. Approximately 274,986 shares traded hands during mid-day trading, an increase of 97% from the average daily volume of 139,395 shares. The stock had previously closed at C$0.07.

Inomin Mines Stock Up 28.6%

The company’s 50 day moving average price is C$0.07 and its two-hundred day moving average price is C$0.06. The firm has a market cap of C$4.41 million, a PE ratio of -9.00 and a beta of 5.36.

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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