Inomin Mines (CVE:MINE) Reaches New 12-Month Low – What’s Next?

Inomin Mines Inc. (CVE:MINEGet Free Report) shares hit a new 52-week low during trading on Monday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 3000 shares traded. The stock had previously closed at C$0.03.

Inomin Mines Stock Down 16.7 %

The company has a market capitalization of C$1.01 million, a P/E ratio of -2.50 and a beta of 3.97. The business has a 50 day simple moving average of C$0.04 and a 200-day simple moving average of C$0.04.

Inomin Mines Company Profile

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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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