Minnova Corp. (CVE:MCI – Get Free Report) fell 27.3% on Wednesday . The company traded as low as C$0.03 and last traded at C$0.04. 1,187,356 shares were traded during 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 Down 27.3 %
The stock has a 50-day simple moving average of C$0.05 and a two-hundred day simple moving average of C$0.05. The company has a quick ratio of 0.12, a current ratio of 0.02 and a debt-to-equity ratio of -3.33. The firm has a market cap of C$2.82 million, a PE ratio of -3.05 and a beta of 1.11.
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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