Minnova Corp. (CVE:MCI – Get Free Report) shares shot up 20% during trading on Friday . The stock traded as high as C$0.09 and last traded at C$0.09. 168,600 shares changed hands during trading, an increase of 22% from the average session volume of 138,134 shares. The stock had previously closed at C$0.08.
Minnova Trading Up 6.7%
The company has a 50 day simple moving average of C$0.06 and a 200 day simple moving average of C$0.05. The company has a current ratio of 0.02, a quick ratio of 0.12 and a debt-to-equity ratio of -3.33. The stock has a market capitalization of C$5.64 million, a PE ratio of -6.10 and a beta of 1.11.
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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