Minnova Corp. (CVE:MCI – Get Free Report)’s share price dropped 16.7% on Thursday . The company 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 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’s fifty day moving average price is C$0.20 and its 200-day moving average price is C$0.11. The stock has a market capitalization of C$17.14 million, a price-to-earnings ratio of -11.06 and a beta of 3.13.
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.
See Also
- Five stocks we like better than Minnova
- Breakout Stocks: What They Are and How to Identify Them
- MarketBeat Week in Review – 11/03 – 11/07
- How to Most Effectively Use the MarketBeat Earnings Screener
- OpenAI’s Restructuring Sets up What Could Be the Biggest IPO Ever
- Want to Profit on the Downtrend? Downtrends, Explained.
- 2 Rare Earth Stocks the U.S. Government Doesn’t Want to Fail
Receive News & Ratings for Minnova Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Minnova and related companies with MarketBeat.com's FREE daily email newsletter.
