Inomin Mines (CVE:MINE) Shares Down 20% – Time to Sell?

Shares of Inomin Mines Inc. (CVE:MINEGet Free Report) traded down 20% during mid-day trading on Wednesday . The stock traded as low as C$0.04 and last traded at C$0.04. 126,000 shares changed hands during mid-day 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 Stock Down 20.0 %

The company has a 50-day moving average price of C$0.04 and a two-hundred day moving average price of C$0.04. The company has a market capitalization 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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