Inomin Mines (CVE:MINE) Shares Down 20% – Should You Sell?

Inomin Mines Inc. (CVE:MINEGet Free Report) shares fell 20% on Wednesday . The stock traded as low as C$0.04 and last traded at C$0.04. 126,000 shares changed hands during trading, an increase of 241% from the average session volume of 37,004 shares. The stock had previously closed at C$0.05.

Inomin Mines Price Performance

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

Inomin Mines Company Profile

(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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