Inomin Mines (CVE:MINE) Sets New 1-Year Low – Time to Sell?

Inomin Mines Inc. (CVE:MINEGet Free Report) reached a new 52-week low during trading on Monday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 40000 shares trading hands. The stock had previously closed at C$0.03.

Inomin Mines Stock Performance

The stock has a market cap of C$1.21 million, a price-to-earnings ratio of -3.00 and a beta of 3.97. The business has a 50-day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.04.

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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