Shares of Minnova Corp. (CVE:MCI – Get Free Report) were down 27.3% during trading on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.04. Approximately 545,356 shares were traded during trading, an increase of 615% from the average daily volume of 76,251 shares. The stock had previously closed at C$0.06.
Minnova Stock Down 18.2 %
The stock has a market capitalization of C$3.17 million, a price-to-earnings ratio of -3.43 and a beta of 1.11. The company has a debt-to-equity ratio of -3.33, a current ratio of 0.02 and a quick ratio of 0.12. The business has a fifty day moving average of C$0.05 and a 200 day moving average of C$0.05.
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.
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