Minnova Corp. (CVE:MCI – Get Free Report)’s share price shot up 41% on Thursday . The company traded as high as C$0.28 and last traded at C$0.28. 1,154,968 shares were traded during trading, an increase of 511% from the average session volume of 188,885 shares. The stock had previously closed at C$0.20.
Minnova Stock Up 41.0%
The business has a 50-day simple moving average of C$0.14 and a two-hundred day simple moving average of C$0.08. 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 capitalization of C$26.94 million, a price-to-earnings ratio of -11.06 and a beta of 2.85.
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.
Featured Articles
- Five stocks we like better than Minnova
- The Basics of Support and Resistance
- Why Amazon’s Prime Day May Be the Catalyst for a Year-End Rally
- Short Selling – The Pros and Cons
- Let the Good Times Roll: 2 Stocks Showing No Signs of Slowing
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- Café Culture Revival? 3 Stocks to Watch After Chick-fil-A’s Move
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.
