Inomin Mines (CVE:MINE) Shares Down 27.8%

Inomin Mines Inc. (CVE:MINEGet Rating)’s stock price traded down 27.8% on Thursday . The stock traded as low as C$0.07 and last traded at C$0.07. 104,264 shares traded hands during trading, a decline of 82% from the average session volume of 568,740 shares. The stock had previously closed at C$0.09.

The firm has a 50 day simple moving average of C$0.15 and a two-hundred day simple moving average of C$0.15. The firm has a market capitalization of C$1.85 million and a P/E ratio of -16.25.

Inomin Mines Company Profile (CVE:MINE)

Inomin Mines Inc, an exploration stage company, engages in the identification, acquisition, exploration, development, and evaluation of mineral properties in Canada. It explores for gold, silver, copper, nickel, cobalt, and zinc deposits. The company holds a 100% interest in the King's Point polymetallic project comprising 129 claims that covers an area of 3,225 hectares within two separate blocks located in the Green Bay area of Newfoundland; and the Fleetwood zinc-copper-silver-gold property located in the New Westminster Mining Division of south-western British Columbia.

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