Minnova Corp. (CVE:MCI – Get Free Report)’s stock price dropped 16.7% during trading on Thursday . The stock traded as low as C$0.15 and last traded at C$0.18. Approximately 957,500 shares were traded during mid-day trading, an increase of 361% from the average daily volume of 207,754 shares. The stock had previously closed at C$0.21.
Minnova Price Performance
The business has a fifty day moving average of C$0.19 and a 200 day moving average of C$0.11. 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 stock has a market cap of C$17.14 million, a PE ratio of -11.06 and a beta of 3.13.
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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