Shares of Minnova Corp. (CVE:MCI – Get Free Report) were down 16.7% during trading on Thursday . The company traded as low as C$0.15 and last traded at C$0.18. Approximately 957,500 shares traded hands during mid-day trading, an increase of 361% from the average daily volume of 207,754 shares. The stock had previously closed at C$0.21.
Minnova Trading Down 2.8%
The company has a market capitalization of C$17.14 million, a P/E ratio of -11.06 and a beta of 3.13. The business has a 50 day moving average price of C$0.20 and a 200 day moving average price of C$0.11. The company has a current ratio of 0.02, a quick ratio of 0.12 and a debt-to-equity ratio of -3.33.
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.
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