Minnova Corp. (CVE:MCI – Get Free Report)’s stock price shot up 33.3% during mid-day trading on Tuesday . The company traded as high as C$0.06 and last traded at C$0.06. 149,000 shares traded hands during mid-day trading, an increase of 15% from the average session volume of 129,713 shares. The stock had previously closed at C$0.05.
Minnova Price Performance
The company has a market capitalization of C$3.52 million, a price-to-earnings ratio of -3.81 and a beta of 1.11. The company has a debt-to-equity ratio of -3.33, a quick ratio of 0.12 and a current ratio of 0.02. The business has a 50 day moving average price of C$0.05 and a 200-day moving average price of C$0.05.
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.
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