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

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

Inomin Mines Stock Down 20.0 %

The stock has a fifty day moving average of C$0.04 and a two-hundred day moving average of C$0.04. The stock 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

(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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