Inomin Mines (CVE:MINE) Stock Price Down 20% – Here’s What Happened

Inomin Mines Inc. (CVE:MINEGet Free Report)’s stock price fell 20% on Thursday . The stock traded as low as C$0.04 and last traded at C$0.04. 131,000 shares changed hands during trading, an increase of 251% from the average session volume of 37,282 shares. The stock had previously closed at C$0.05.

Inomin Mines Stock Down 20.0 %

The company has a 50 day moving average price of C$0.04 and a 200-day moving average price of C$0.04. The company has a market cap of C$1.62 million, a price-to-earnings ratio of -4.00 and a beta of 3.97.

About Inomin Mines

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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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