Shares of Minnova Corp. (CVE:MCI – Get Free Report) shot up 33.3% during mid-day trading on Monday . The company traded as high as C$0.06 and last traded at C$0.06. 149,000 shares changed hands during mid-day trading, an increase of 15% from the average session volume of 129,713 shares. The stock had previously closed at C$0.05.
Minnova Stock Up 33.3%
The business’s 50 day simple moving average is C$0.05 and its 200-day simple moving average 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 company has a market cap of C$4.23 million, a price-to-earnings ratio of -4.58 and a beta of 1.11.
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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