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

Shares of Inomin Mines Inc. (CVE:MINEGet Free Report) traded down 20% on Wednesday . The company 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 Stock Performance

The stock has a fifty day moving average of C$0.04 and a 200 day moving average of C$0.04. The company has a market capitalization 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.

Further Reading

Receive News & Ratings for Inomin Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inomin Mines and related companies with MarketBeat.com's FREE daily email newsletter.