Inomin Mines (CVE:MINE) Stock Price Up 20% – Here’s What Happened

Inomin Mines Inc. (CVE:MINEGet Free Report) shares shot up 20% during trading on Friday . The stock traded as high as C$0.10 and last traded at C$0.09. 902,372 shares traded hands during trading, an increase of 821% from the average session volume of 98,010 shares. The stock had previously closed at C$0.08.

Inomin Mines Stock Up 20.0%

The firm has a 50-day simple moving average of C$0.08 and a 200 day simple moving average of C$0.05. The company has a market cap of C$4.41 million, a price-to-earnings ratio of -9.00 and a beta of 4.97.

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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