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

Inomin Mines Inc. (CVE:MINEGet Free Report) shares shot up 28.6% during trading on Monday . The stock traded as high as C$0.09 and last traded at C$0.09. 196,199 shares changed hands during trading, an increase of 48% from the average session volume of 132,202 shares. The stock had previously closed at C$0.07.

Inomin Mines Price Performance

The company has a market capitalization of C$4.41 million, a price-to-earnings ratio of -9.00 and a beta of 5.36. The business’s 50-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.

Further Reading

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