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

Inomin Mines Inc. (CVE:MINEGet Free Report) shares fell 20% on Thursday . The company traded as low as C$0.04 and last traded at C$0.04. 131,000 shares traded 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 Price Performance

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. The stock’s 50 day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.04.

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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