Inomin Mines Inc. (CVE:MINE – Get Free Report) shares dropped 20% 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 254% 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 two-hundred day moving average price of C$0.04. The stock has a market capitalization of C$1.62 million, a P/E 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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