Inomin Mines (CVE:MINE) Stock Price Up 100% – Time to Buy?

Inomin Mines Inc. (CVE:MINEGet Free Report)’s stock price rose 100% during trading on Saturday . The company traded as high as C$0.05 and last traded at C$0.04. Approximately 1,263,031 shares changed hands during trading, an increase of 1,608% from the average daily volume of 73,969 shares. The stock had previously closed at C$0.02.

Inomin Mines Stock Up 100.0%

The firm has a fifty day moving average price of C$0.02 and a 200-day moving average price of C$0.04. The firm has a market cap of C$1.62 million, a price-to-earnings ratio of -4.00 and a beta of 3.97.

About Inomin Mines

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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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