Shares of Minnova Corp. (CVE:MCI – Get Free Report) shot up 13.6% on Tuesday . The stock traded as high as C$0.25 and last traded at C$0.25. 214,530 shares traded hands during trading, an increase of 53% from the average session volume of 140,031 shares. The stock had previously closed at C$0.22.
Minnova Stock Performance
The firm has a market capitalization of C$30.43 million, a PE ratio of -6.25 and a beta of 3.15. The company’s fifty day moving average price is C$0.26 and its two-hundred day moving average price is C$0.28.
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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