Minnova Corp. (CVE:MCI – Get Free Report)’s share price hit a new 52-week low on Monday. The stock traded as low as C$0.14 and last traded at C$0.14, with a volume of 631,347 shares trading hands. The stock had previously closed at C$0.14.
Minnova Price Performance
The firm has a market cap of C$17.45 million, a P/E ratio of -2.33 and a beta of 2.86. The stock’s 50 day moving average is C$0.16 and its two-hundred day moving average is C$0.24.
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. The company was formerly known as Auriga Gold Corp. and changed its name to Minnova Corp. in June 2014.
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