Minnova Corp. (CVE:MCI – Get Free Report)’s stock price shot up 18.4% during mid-day trading on Friday . The company traded as high as C$0.24 and last traded at C$0.23. 219,000 shares traded hands during trading, an increase of 7% from the average session volume of 204,546 shares. The stock had previously closed at C$0.19.
Minnova Price Performance
The business has a fifty day moving average of C$0.22 and a 200-day moving average of C$0.13. The company has a current ratio of 0.02, a quick ratio of 0.12 and a debt-to-equity ratio of -3.33. The firm has a market cap of C$22.53 million, a PE ratio of -11.06 and a beta of 3.13.
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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