Minnova Corp. (CVE:MCI – Get Free Report) shares traded down 27.3% during mid-day trading on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.04. 1,187,356 shares were traded during mid-day trading, an increase of 1,457% from the average session volume of 76,251 shares. The stock had previously closed at C$0.06.
Minnova Stock Performance
The stock has a market capitalization of C$2.82 million, a price-to-earnings ratio of -3.05 and a beta of 1.11. The company has a quick ratio of 0.12, a current ratio of 0.02 and a debt-to-equity ratio of -3.33. The company has a 50 day simple moving average of C$0.05 and a 200-day simple moving average of C$0.05.
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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