Inomin Mines Inc. (CVE:MINE – Get Free Report) shares dropped 15% during mid-day trading on Thursday . The company traded as low as C$0.09 and last traded at C$0.09. Approximately 474,982 shares changed hands during trading, an increase of 248% from the average daily volume of 136,590 shares. The stock had previously closed at C$0.10.
Inomin Mines Trading Down 15.0%
The business’s fifty day moving average price is C$0.08 and its 200 day moving average price is C$0.07. The firm has a market capitalization of C$4.17 million, a price-to-earnings ratio of -8.50 and a beta of 5.63.
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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