Minnova Corp. (CVE:MCI – Get Free Report) traded down 14.3% during trading on Wednesday . The company traded as low as C$0.06 and last traded at C$0.06. 140,000 shares traded hands during trading, an increase of 87% from the average session volume of 74,887 shares. The stock had previously closed at C$0.07.
Minnova Price Performance
The company has a current ratio of 0.05, a quick ratio of 0.12 and a debt-to-equity ratio of 0.67. The business has a 50-day moving average price of C$0.07 and a 200 day moving average price of C$0.06. The stock has a market cap of C$4.20 million, a PE ratio of -2.00 and a beta of 1.25.
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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