Minnova Corp. (CVE:MCI – Get Free Report)’s share price shot up 41% on Friday . The stock traded as high as C$0.28 and last traded at C$0.28. 1,154,968 shares traded hands 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 Trading Up 7.3%
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 50 day simple moving average of C$0.14 and a two-hundred day simple moving average of C$0.09. The firm has a market cap of C$28.90 million, a PE ratio of -11.06 and a beta of 2.85.
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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