Inomin Mines (CVE:MINE) Hits New 52-Week Low – What’s Next?

Inomin Mines Inc. (CVE:MINEGet Free Report) shares hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 3000 shares traded. The stock had previously closed at C$0.03.

Inomin Mines Stock Down 16.7 %

The stock has a market cap of C$1.01 million, a price-to-earnings ratio of -2.50 and a beta of 3.97. The company’s 50-day simple moving average is C$0.04 and its 200-day simple moving average is C$0.04.

About Inomin Mines

(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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