Shares of Minnova Corp. (CVE:MCI – Get Free Report) were up 25% on Thursday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 130,647 shares changed hands during trading, an increase of 71% from the average daily volume of 76,251 shares. The stock had previously closed at C$0.04.
Minnova Price Performance
The business has a fifty day moving average of C$0.05 and a two-hundred day moving average of C$0.05. The firm has a market capitalization of C$3.17 million, a price-to-earnings ratio of -3.43 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.
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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