Inomin Mines (CVE:MINE) Trading Down 20% – Should You Sell?

Inomin Mines Inc. (CVE:MINEGet Free Report)’s share price traded down 20% on Wednesday . The stock traded as low as C$0.04 and last traded at C$0.04. Approximately 126,000 shares were traded during trading, an increase of 241% from the average daily volume of 37,004 shares. The stock had previously closed at C$0.05.

Inomin Mines Stock Down 20.0 %

The firm has a fifty 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 P/E ratio of -4.00 and a beta of 3.97.

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.

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