Shares of Minnova Corp. (CVE:MCI – Get Free Report) traded down 12.8% during mid-day trading on Wednesday . The stock traded as low as C$0.17 and last traded at C$0.17. Approximately 148,388 shares were traded during trading, an increase of 14% from the average daily volume of 129,694 shares. The stock had previously closed at C$0.20.
Minnova Trading Down 7.7%
The company has a market cap of C$21.91 million, a price-to-earnings ratio of -4.50 and a beta of 3.01. The business has a fifty day moving average of C$0.22 and a two-hundred day moving average of C$0.29.
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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