Minnova Corp. (CVE:MCI – Get Free Report)’s share price was up 20% during trading on Wednesday . The stock traded as high as C$0.09 and last traded at C$0.09. Approximately 264,063 shares changed hands during trading, an increase of 87% from the average daily volume of 141,025 shares. The stock had previously closed at C$0.08.
Minnova Trading Up 20.0%
The company has a 50 day moving average of C$0.06 and a 200 day moving average of C$0.05. The firm has a market cap of C$6.34 million, a price-to-earnings ratio of -6.87 and a beta of 1.11. The company has a current ratio of 0.02, a quick ratio of 0.12 and a debt-to-equity ratio of -3.33.
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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