Minnova Corp. (CVE:MCI – Get Free Report) rose 41% during trading on Monday . The stock traded as high as C$0.28 and last traded at C$0.28. Approximately 580,073 shares were traded during mid-day trading, an increase of 151% from the average daily volume of 231,194 shares. The stock had previously closed at C$0.20.
Minnova Stock Performance
The company has a market cap of C$33.39 million, a price-to-earnings ratio of -13.75 and a beta of 3.01. The firm’s 50 day simple moving average is C$0.19 and its 200-day simple moving average is C$0.14. The company has a debt-to-equity ratio of -3.33, a quick ratio of 0.12 and a current ratio of 0.02.
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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