Shares of Minnova Corp. (CVE:MCI – Get Free Report) traded up 41% during trading on Friday . The company traded as high as C$0.28 and last traded at C$0.28. 1,154,968 shares changed hands during mid-day trading, an increase of 511% from the average session volume of 188,885 shares. The stock had previously closed at C$0.20.
Minnova Price Performance
The company has a market capitalization of C$28.90 million, a P/E ratio of -11.06 and a beta of 2.85. The company has a fifty day moving average price of C$0.14 and a 200 day moving average price of C$0.09. The company has a debt-to-equity ratio of -3.33, a current ratio of 0.02 and a quick ratio of 0.12.
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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