Minnova Corp. (CVE:MCI – Get Free Report)’s stock price shot up 12.1% during trading on Friday . The company traded as high as C$0.19 and last traded at C$0.18. 645,610 shares traded hands during mid-day trading, an increase of 328% from the average daily volume of 150,705 shares. The stock had previously closed at C$0.17.
Minnova Stock Up 12.1%
The company has a 50 day moving average of C$0.18 and a 200 day moving average of C$0.24. The stock has a market capitalization of C$23.06 million, a price-to-earnings ratio of -3.08 and a beta of 2.96.
About Minnova
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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