Inomin Mines Inc. (CVE:MINE – Get Free Report) dropped 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 traded 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 Trading Down 20.0 %
The company’s 50 day moving average is C$0.04 and its 200 day moving average is C$0.04. The company has a market cap of C$1.62 million, a PE ratio of -4.00 and a beta of 3.97.
About Inomin Mines
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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