Minnova (CVE:MCI) Trading Up 41% – Here’s What Happened

Shares of Minnova Corp. (CVE:MCIGet Free Report) were up 41% during mid-day trading on Friday . The stock traded as high as C$0.28 and last traded at C$0.28. Approximately 1,154,968 shares were traded during mid-day trading, an increase of 511% from the average daily volume of 188,885 shares. The stock had previously closed at C$0.20.

Minnova Trading Up 41.0%

The firm has a market cap of C$26.94 million, a price-to-earnings ratio of -11.06 and a beta of 2.85. The company has a fifty day moving average price of C$0.14 and a 200-day moving average price of C$0.08. The company has a current ratio of 0.02, a quick ratio of 0.12 and a debt-to-equity ratio of -3.33.

Minnova Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Minnova Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Minnova and related companies with MarketBeat.com's FREE daily email newsletter.