Minnova Corp. (CVE:MCI – Get Free Report) fell 7.4% on Wednesday . The stock traded as low as C$0.25 and last traded at C$0.25. 19,600 shares were traded during mid-day trading, a decline of 85% from the average session volume of 131,797 shares. The stock had previously closed at C$0.27.
Minnova Price Performance
The firm has a market cap of C$29.21 million, a price-to-earnings ratio of -6.00 and a beta of 3.15. The business has a 50 day moving average price of C$0.29 and a 200-day moving average price of C$0.28.
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. The company was formerly known as Auriga Gold Corp. and changed its name to Minnova Corp. in June 2014.
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