Shares of Minnova Corp. (CVE:MCI – Get Free Report) rose 33.3% during trading on Monday . The stock traded as high as C$0.06 and last traded at C$0.06. Approximately 149,000 shares traded hands during mid-day trading, an increase of 15% from the average daily volume of 129,713 shares. The stock had previously closed at C$0.05.
Minnova Trading Up 33.3%
The company has a 50 day moving average of C$0.05 and a 200 day moving average of C$0.05. The company has a current ratio of 0.02, a quick ratio of 0.12 and a debt-to-equity ratio of -3.33. The firm has a market cap of C$4.23 million, a price-to-earnings ratio of -4.58 and a beta of 1.11.
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.
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