Inomin Mines (CVE:MINE) Stock Price Down 30% – Time to Sell?

Inomin Mines Inc. (CVE:MINEGet Free Report)’s stock price was down 30% during trading on Wednesday . The stock traded as low as C$0.04 and last traded at C$0.04. Approximately 106,000 shares traded hands during mid-day trading, an increase of 200% from the average daily volume of 35,338 shares. The stock had previously closed at C$0.05.

Inomin Mines Stock Performance

The firm has a market capitalization of C$1.62 million, a PE ratio of -4.00 and a beta of 3.97. The firm’s 50 day moving average price is C$0.04 and its 200-day moving average price 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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