Shares of Inomin Mines Inc. (CVE:MINE – Get Free Report) fell 20% on Wednesday . The stock traded as low as C$0.04 and last traded at C$0.04. 131,000 shares traded hands during mid-day 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 Price Performance
The firm’s fifty day moving average is C$0.04 and its two-hundred day moving average is C$0.04. The firm has a market cap of C$1.62 million, a price-to-earnings ratio of -4.00 and a beta of 3.97.
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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