Minnova (CVE:MCI) Shares Down 27.3% – Here’s What Happened

Minnova Corp. (CVE:MCIGet Free Report) shares traded down 27.3% during trading on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.04. 1,187,356 shares traded hands during mid-day trading, an increase of 1,457% from the average session volume of 76,251 shares. The stock had previously closed at C$0.06.

Minnova Stock Performance

The company has a market cap of C$2.82 million, a PE ratio of -3.05 and a beta of 1.11. 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 has a 50-day moving average of C$0.05 and a 200 day moving average of C$0.05.

About Minnova

(Get Free Report)

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

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.