Shares of Minnova Corp. (CVE:MCI – Get Free Report) were up 25.7% during trading on Monday . The company traded as high as C$0.22 and last traded at C$0.22. Approximately 174,075 shares traded hands during mid-day trading, a decline of 24% from the average daily volume of 229,079 shares. The stock had previously closed at C$0.18.
Minnova Trading Up 30.8%
The firm has a market cap of C$30.96 million, a PE ratio of -12.75 and a beta of 3.01. The company has a debt-to-equity ratio of -3.33, a current ratio of 0.02 and a quick ratio of 0.12. The stock’s fifty day simple moving average is C$0.19 and its 200-day simple moving average is C$0.14.
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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