Minnova Corp. (CVE:MCI – Get Free Report) shares traded down 27.3% during trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.04. 1,187,356 shares changed hands during 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 Down 27.3 %
The business’s fifty day simple moving average is C$0.05 and its 200 day simple moving average is C$0.05. The stock has a market cap of C$2.82 million, a price-to-earnings ratio of -3.05 and a beta of 1.11. The company has a current ratio of 0.02, a quick ratio of 0.12 and a debt-to-equity ratio of -3.33.
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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