Minnova (CVE:MCI) Trading Down 10.7% – Should You Sell?

Minnova Corp. (CVE:MCIGet Free Report)’s stock price fell 10.7% on Monday . The company traded as low as C$0.25 and last traded at C$0.25. 215,780 shares were traded during mid-day trading, an increase of 106% from the average session volume of 104,627 shares. The stock had previously closed at C$0.28.

Minnova Stock Performance

The company has a debt-to-equity ratio of -3.33, a current ratio of 0.02 and a quick ratio of 0.12. The stock has a 50-day moving average price of C$0.19 and a 200-day moving average price of C$0.15. The firm has a market capitalization of C$35.82 million, a PE ratio of -14.75 and a beta of 3.16.

About Minnova

(Get Free Report)

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.

Read More

Receive News & Ratings for Minnova Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Minnova and related companies with MarketBeat.com's FREE daily email newsletter.