Minnova Corp. (CVE:MCI – Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$0.46 and last traded at C$0.46, with a volume of 177750 shares traded. The stock had previously closed at C$0.44.
Minnova Stock Up 8.0%
The stock has a market capitalization of C$57.16 million, a price-to-earnings ratio of -23.50 and a beta of 2.88. The company has a quick ratio of 0.12, a current ratio of 0.02 and a debt-to-equity ratio of -3.33. The stock has a 50 day moving average price of C$0.31 and a 200 day moving average price of C$0.22.
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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