Inomin Mines (CVE:MINE) Reaches New 52-Week Low at $0.06

Inomin Mines Inc. (CVE:MINEGet Rating)’s share price hit a new 52-week low during mid-day trading on Friday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 21007 shares. The stock had previously closed at C$0.07.

Inomin Mines Price Performance

The business’s 50 day moving average is C$0.07 and its 200-day moving average is C$0.13. The company has a market cap of C$2.01 million and a PE ratio of -16.25.

About Inomin Mines

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Inomin Mines Inc, an exploration stage company, engages in the identification, acquisition, exploration, and evaluation of mineral properties in Canada. It explores for gold, silver, copper, nickel, cobalt, and zinc deposits. It holds a 100% interest in the King's Point polymetallic project located Newfoundland; the Fleetwood zinc-copper-silver-gold property situated in the south-western British Columbia; the Beaver Magnesium-Nickle-Cobalt property located in the Cariboo region of south-central British Columbia; the Lynx Nickel property in British Columbia; and La Gitana and Pena Blanca Gold-Silver projects located in Mexico.

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