Minnova Corp. (CVE:MCI – Get Free Report)’s share price was up 38.5% on Monday . The stock traded as high as C$0.28 and last traded at C$0.27. Approximately 616,073 shares traded hands during mid-day trading, an increase of 166% from the average daily volume of 231,592 shares. The stock had previously closed at C$0.20.
Minnova Trading Up 2.0%
The firm has a market capitalization of C$30.35 million, a price-to-earnings ratio of -12.50 and a beta of 3.01. The business’s fifty day moving average is C$0.19 and its 200 day moving average is C$0.15. The company has a quick ratio of 0.12, a current ratio of 0.02 and a debt-to-equity ratio of -3.33.
Minnova Company Profile
Minnova Corp. engages in the exploration and evaluation of mineral properties. The company operates in two segments, Mineral Exploration and Renewable Energy. It primarily explores for gold. The company holds 100% interests in the PL Gold mine and the Nokomis property located in Manitoba. It also engages in the research and development of biomass gasification technology to produce renewable energy. The company was formerly known as Auriga Gold Corp. and changed its name to Minnova Corp. in June 2014.
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