Shares of Minnova Corp. (CVE:MCI – Get Free Report) were up 41% during mid-day trading on Friday . The company traded as high as C$0.28 and last traded at C$0.28. Approximately 1,154,968 shares were traded during trading, an increase of 511% from the average daily volume of 188,885 shares. The stock had previously closed at C$0.20.
Minnova Stock Performance
The stock has a market cap of C$26.94 million, a P/E ratio of -11.06 and a beta of 2.85. The stock has a fifty day simple moving average of C$0.14 and a 200-day simple moving average of C$0.08. The company has a debt-to-equity ratio of -3.33, a quick ratio of 0.12 and a current ratio of 0.02.
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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