Shares of Minnova Corp. (CVE:MCI – Get Free Report) shot up 20% on Wednesday . The company traded as high as C$0.09 and last traded at C$0.09. 264,063 shares traded hands during trading, an increase of 87% from the average session volume of 141,025 shares. The stock had previously closed at C$0.08.
Minnova Stock Up 20.0%
The business’s fifty day moving average price is C$0.06 and its two-hundred day moving average price is C$0.05. The company has a debt-to-equity ratio of -3.33, a quick ratio of 0.12 and a current ratio of 0.02. The firm has a market capitalization of C$6.34 million, a P/E ratio of -6.87 and a beta of 1.11.
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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