Minnova Corp. (CVE:MCI – Get Free Report) shares reached a new 52-week low on Monday. The stock traded as low as C$0.14 and last traded at C$0.14, with a volume of 631,347 shares traded. The stock had previously closed at C$0.14.
Minnova Stock Performance
The firm has a market cap of C$17.45 million, a price-to-earnings ratio of -2.33 and a beta of 2.86. The business’s 50-day moving average is C$0.16 and its 200-day moving average is C$0.24.
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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