Minnova Corp. (CVE:MCI – Get Free Report) shares were up 38.5% on Monday . The company traded as high as C$0.28 and last traded at C$0.27. Approximately 616,073 shares changed hands during trading, an increase of 166% from the average daily volume of 231,592 shares. The stock had previously closed at C$0.20.
Minnova Price Performance
The company has a debt-to-equity ratio of -3.33, a quick ratio of 0.12 and a current ratio of 0.02. The company has a market cap of C$32.78 million, a P/E ratio of -13.50 and a beta of 3.01. The firm’s fifty day moving average is C$0.19 and its two-hundred day moving average is C$0.15.
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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