Minnova Corp Stock Today

MCI Stock  CAD 0.05  0.00  0.00%   

Performance

0 of 100

 
Weak
 
Strong
Very Weak

Odds Of Distress

Over 66

 
High
 
Low
Quite High
Minnova Corp is selling for under 0.05 as of the 26th of November 2024; that is No Change since the beginning of the trading day. The stock's lowest day price was 0.05. Minnova Corp has more than 66 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Minnova Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2024 and ending today, the 26th of November 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
It holds 100 percent interests in the PL Gold mine and the Nokomis property in Peru. Minnova Corp. was incorporated in 1994 and is based in Toronto, Canada. MINNOVA CORP is traded on Commodity Exchange in Exotistan. The company has 70.44 M outstanding shares of which 528 shares are now shorted by private and institutional investors with about 0.05 days to cover all short positions. More on Minnova Corp

Minnova Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Minnova Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Minnova Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President ChairmanGorden BScH
Business ConcentrationMetals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors)
Minnova Corp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Minnova Corp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Minnova Corp can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Minnova Corp's financial leverage. It provides some insight into what part of Minnova Corp's total assets is financed by creditors.
Liquidity
Minnova Corp cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. 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.

Total Cash From Financing Activities

24,415
Minnova Corp (MCI) is traded on TSX Venture Exchange in Canada and employs 7 people. Minnova Corp is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 3.52 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Minnova Corp's market, we take the total number of its shares issued and multiply it by Minnova Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Minnova Corp classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 70.44 M outstanding shares of which 528 shares are now shorted by private and institutional investors with about 0.05 days to cover all short positions. Minnova Corp has accumulated about 16.75 K in cash with (154.05 K) of positive cash flow from operations.
Check Minnova Corp Probability Of Bankruptcy
Ownership Allocation
Minnova Corp maintains a total of 70.44 Million outstanding shares. Minnova Corp secures 10.22 % of its outstanding shares held by insiders and 1.5 % owned by institutional investors. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Minnova Ownership Details

Minnova Stock Against Markets

Be your own money manager

Our tools can tell you how much better you can do entering a position in Minnova Corp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Bond Analysis Now

   

Bond Analysis

Evaluate and analyze corporate bonds as a potential investment for your portfolios.
All  Next Launch Module

Minnova Corp Corporate Directors

James WhiteIndependent DirectorProfile
Christopher IrwinInterim Chief Financial Officer, Corporate Secretary, DirectorProfile
Brian RobertsonIndependent DirectorProfile
Richard SutcliffeDirectorProfile

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.