Minnova Corp. (CVE:MCI – Get Free Report) traded down 8.7% during trading on Monday . The stock traded as low as C$0.21 and last traded at C$0.21. 260,000 shares traded hands during trading, an increase of 91% from the average daily volume of 136,396 shares. The stock had previously closed at C$0.23.
Minnova Price Performance
The firm has a market capitalization of C$25.56 million, a PE ratio of -5.25 and a beta of 2.85. The business’s 50 day moving average is C$0.24 and its two-hundred day moving average is C$0.28.
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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