Inomin Mines (CVE:MINE) Shares Down 8.3% – Time to Sell?

Shares of Inomin Mines Inc. (CVE:MINEGet Free Report) fell 8.3% on Tuesday . The company traded as low as C$0.05 and last traded at C$0.06. 711,614 shares were traded during trading, an increase of 554% from the average session volume of 108,762 shares. The stock had previously closed at C$0.06.

Inomin Mines Stock Down 16.7%

The stock has a market capitalization of C$2.45 million, a price-to-earnings ratio of -5.00 and a beta of 4.97. The stock has a 50 day moving average price of C$0.08 and a 200 day moving average price of C$0.06.

About Inomin Mines

(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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