Minnova Corp. (CVE:MCI – Get Free Report)’s stock price shot up 17.4% during trading on Tuesday . The company traded as high as C$0.31 and last traded at C$0.27. 195,489 shares were traded during mid-day trading, an increase of 26% from the average session volume of 155,340 shares. The stock had previously closed at C$0.23.
Minnova Trading Up 17.4%
The firm has a market cap of C$32.87 million, a P/E ratio of -6.75 and a beta of 2.28. The stock has a 50 day simple moving average of C$0.37 and a 200-day simple moving average of C$0.27.
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. The company was formerly known as Auriga Gold Corp. and changed its name to Minnova Corp. in June 2014.
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