Minnova Corp Stock Buy Hold or Sell Recommendation
MCI Stock | CAD 0.05 0.00 0.00% |
Assuming the 90 days horizon and your slightly conservative level of risk, our recommendation regarding Minnova Corp is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Minnova Corp given historical horizon and risk tolerance towards Minnova Corp. When Macroaxis issues a 'buy' or 'sell' recommendation for Minnova Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Minnova Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Minnova and provide practical buy, sell, or hold advice based on investors' constraints. Minnova Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
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Execute Minnova Corp Buy or Sell Advice
The Minnova recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Minnova Corp. Macroaxis does not own or have any residual interests in Minnova Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Minnova Corp's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
Not Rated
Minnova Corp Trading Alerts and Improvement Suggestions
Minnova Corp generated a negative expected return over the last 90 days | |
Minnova Corp has some characteristics of a very speculative penny stock | |
Minnova Corp has high likelihood to experience some financial distress in the next 2 years | |
Minnova Corp has accumulated 117.16 K in total debt with debt to equity ratio (D/E) of 0.04, which may suggest the company is not taking enough advantage from borrowing. Minnova Corp has a current ratio of 0.13, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Minnova Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Minnova Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Minnova Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Minnova to invest in growth at high rates of return. When we think about Minnova Corp's use of debt, we should always consider it together with cash and equity. | |
Net Loss for the year was (374.98 K) with profit before overhead, payroll, taxes, and interest of 0. | |
Minnova Corp has accumulated about 16.75 K in cash with (154.05 K) of positive cash flow from operations. |
Minnova Corp Cash Flow Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change In Cash | (12.9K) | 110.4K | 6.6K | (8.3K) | (128.3K) | (121.9K) | |
Free Cash Flow | (12.9K) | (1.7M) | 294.4K | (736.5K) | (154.0K) | (161.8K) | |
Capital Expenditures | 1.4M | 592.6K | 298.5K | 1.8M | 950.7K | 0.0 | |
Net Income | (413.5K) | (1.2M) | 401.3K | (1.8M) | (375.0K) | (393.7K) | |
End Period Cash Flow | 21.0K | 131.5K | 138.0K | 129.7K | 1.4K | 1.3K | |
Other Non Cash Items | 116.3K | (214.2K) | 81.0K | 837.8K | 131.5K | 217.7K | |
Depreciation | 24.2K | 21.0K | 18.4K | 103.3K | 14.4K | 13.7K | |
Change To Netincome | (200K) | 749.8K | (922.3K) | 643.7K | 579.3K | 608.3K | |
Investments | (298.5K) | (1.8M) | (950.7K) | (1.1M) | (1.2M) | (1.3M) |
Minnova Corp Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Minnova Corp or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Minnova Corp's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Minnova stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.00 | |
β | Beta against Dow Jones | 0.00 | |
σ | Overall volatility | 0.00 | |
Ir | Information ratio | 0.00 |
Minnova Corp Volatility Alert
At this time Minnova Corp exhibits very low volatility. Minnova Corp is a penny stock. Although Minnova Corp may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Minnova Corp. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Minnova instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Minnova Corp Fundamentals Vs Peers
Comparing Minnova Corp's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Minnova Corp's direct or indirect competition across all of the common fundamentals between Minnova Corp and the related equities. This way, we can detect undervalued stocks with similar characteristics as Minnova Corp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Minnova Corp's fundamental indicators could also be used in its relative valuation, which is a method of valuing Minnova Corp by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare Minnova Corp to competition |
Fundamentals | Minnova Corp | Peer Average |
Return On Equity | -0.32 | -0.31 |
Return On Asset | -1.62 | -0.14 |
Current Valuation | 3.63 M | 16.62 B |
Shares Outstanding | 70.44 M | 571.82 M |
Shares Owned By Insiders | 10.22 % | 10.09 % |
Shares Owned By Institutions | 1.50 % | 39.21 % |
Number Of Shares Shorted | 528 | 4.71 M |
Price To Earning | (9.12) X | 28.72 X |
Price To Book | 0.10 X | 9.51 X |
Price To Sales | 985.65 X | 11.42 X |
EBITDA | (481.88 K) | 3.9 B |
Net Income | (374.98 K) | 570.98 M |
Cash And Equivalents | 16.75 K | 2.7 B |
Total Debt | 117.16 K | 5.32 B |
Debt To Equity | 0.04 % | 48.70 % |
Current Ratio | 0.13 X | 2.16 X |
Book Value Per Share | (0.07) X | 1.93 K |
Cash Flow From Operations | (154.05 K) | 971.22 M |
Short Ratio | 0.05 X | 4.00 X |
Earnings Per Share | (0.01) X | 3.12 X |
Beta | 1.07 | -0.15 |
Market Capitalization | 3.52 M | 19.03 B |
Total Asset | 222.1 K | 29.47 B |
Retained Earnings | (31.14 M) | 9.33 B |
Working Capital | (1.28 M) | 1.48 B |
Net Asset | 222.1 K |
Minnova Corp Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Minnova . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Minnova Corp Buy or Sell Advice
When is the right time to buy or sell Minnova Corp? Buying financial instruments such as Minnova Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
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Additional Tools for Minnova Stock Analysis
When running Minnova Corp's price analysis, check to measure Minnova Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Minnova Corp is operating at the current time. Most of Minnova Corp's value examination focuses on studying past and present price action to predict the probability of Minnova Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Minnova Corp's price. Additionally, you may evaluate how the addition of Minnova Corp to your portfolios can decrease your overall portfolio volatility.