Shares of Inomin Mines Inc. (CVE:MINE – Get Free Report) fell 20% on Wednesday . The stock traded as low as C$0.04 and last traded at C$0.04. 131,000 shares traded hands during 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 Price Performance
The stock has a market cap of C$1.62 million, a price-to-earnings ratio of -4.00 and a beta of 3.97. The company’s fifty day moving average price is C$0.04 and its 200-day moving average price is C$0.04.
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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