Minnova (MCI) Price & Analysis

Compare

3 Followers

MCI Stock Chart & Stats

C$0.27

C$0.00(0.00%)

At close: Aug 02 4:00 PM EDT

C$0.27

C$0.00(0.00%)

Day’s Range― - ―

52-Week RangeC$0.03 - C$0.46

Previous CloseN/A

Volume73.00K

Average Volume (3M)307.85K

Market Cap

C$43.21M

Enterprise ValueC$38.59M

Total Cash (Recent Filing)C$35.90K

Total Debt (Recent Filing)C$103.28K

Price to Earnings (P/E)―

Beta1.32

Next Earnings

Mar 04, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)-0.01

Shares Outstanding121,723,790

10 Day Avg. Volume394,035

30 Day Avg. Volume307,850

Financial Highlights & Ratios

PEG Ratio0.08

Price to Book (P/B)-0.56

Price to Sales (P/S)0.00

P/FCF Ratio-15.90

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price TargetN/A

Price Target UpsideN/A

Rating ConsensusN/A

Number of Analyst Covering0

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

Bulls Say, Bears Say

Bulls Say

Low Absolute Debt BurdenA relatively small absolute debt load reduces fixed financing obligations and lowers immediate solvency pressure. For a pre-revenue miner, limited debt preserves optionality to raise equity or structured financing and reduces near-term default risk while cash burn is addressed.

Public Listing On TSXVBeing listed on the TSXV provides durable access to public equity markets and investor pools that specialize in junior mining. That structural access can facilitate future capital raises, strategic financings, and visibility required for long-term project funding and partnerships.

Occasional Positive Operating Cash FlowA prior instance of positive operating cash flow demonstrates the business can briefly generate cash under certain conditions or cost structures. This indicates management has some operational levers to cut burn, offering a potential pathway to stabilize cash generation over the medium term.

Bears Say

Pre-revenue Business ModelNo material revenue means the company lacks an internal earnings base to cover costs or fund development. Long-term viability depends on successful project advancement or external financing, increasing execution and market-risk exposure for the next several quarters to years.

Deeply Negative Shareholder EquitySustained negative equity reflects accumulated deficits and eroded balance-sheet resilience. This structural weakness limits borrowing capacity, increases the likelihood of dilutive equity raises, and constrains strategic flexibility for multi‑period project investments or downturns.

Ongoing Cash Burn And Negative FCFPersistent negative operating and free cash flow indicate continuous cash outflows without internal funding, pressuring liquidity and shortening runway. Over months to quarters, this elevates refinancing risk and forces dependence on external capital, raising execution and dilution risk.

Minnova News

Minnova Shareholders Back Board Changes and Incentive Plan at Annual Meeting

Minnova ( ($TSE:MCI) ) just unveiled an update. Minnova Corp., a near-term gold producer focused on restarting its...

13d ago

Minnova Plans to Double PL Gold Mine Throughput to 2,000 tpd, Grants New Stock Options

Minnova ( ($TSE:MCI) ) has issued an update. Minnova Corp. has launched a strategic expansion initiative at its...

2M ago

Minnova Taps Amps Powerline to Advance Grid Power Connection at PL Gold Mine

Minnova ( ($TSE:MCI) ) has shared an announcement. Minnova Corp. has engaged Manitoba-based industrial power contractor Amps Powerline...

2M ago

Minnova Corp. Closes C$4.82 Million Private Placement for PL Gold Mine Project

Minnova ( ($TSE:MCI) ) has shared an announcement. Minnova Corp. announced the successful closing of a brokered private...

3M ago

Minnova Corp. Launches C$5 Million Private Placement for Gold Mine Development

The latest update is out from Minnova ( ($TSE:MCI) ). Minnova Corp. has announced a brokered private placement...

4M ago

Minnova Corp. Advances PL Gold Mine Restart with New Assessments and Drilling Plans

The latest update is out from Minnova ( ($TSE:MCI) ). Minnova Corp. announced updates on its PL Gold...

4M ago

Minnova Corp. Resumes Trading and Advances PL Gold Mine Development

Minnova ( ($TSE:MCI) ) has issued an announcement. Minnova Corp. announced the reinstatement of its common shares on...

5M ago

Minnova Corp. Advances PL Gold Mine with Strategic Amendments and Technical Plans

Minnova ( ($TSE:MCI) ) has shared an announcement. Minnova Corp. has announced the adoption of amendments to its...

6M ago

Minnova Corp. Partners with A&B Global Mining for PL Gold Mine Restart

An update from Minnova ( ($TSE:MCI) ) is now available. Minnova Corp. has engaged A&B Global Mining to...

6M ago

Minnova Corp. Faces Trading Halt and Listing Challenges

The latest update is out from Minnova ( ($TSE:MCI) ). Minnova Corp. announced that its common shares have...

6M ago

MCI FAQ

What was Minnova Corp’s price range in the past 12 months?

Minnova Corp lowest stock price was C$0.03 and its highest was C$0.46 in the past 12 months.

What is Minnova Corp’s market cap?

Minnova Corp’s market cap is C$43.21M.

When is Minnova Corp’s upcoming earnings report date?

Minnova Corp’s upcoming earnings report date is Mar 04, 2026 which is in 9 days.

How were Minnova Corp’s earnings last quarter?

Minnova Corp released its earnings results on Nov 28, 2025. The company reported -C$0.01 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.01.

Is Minnova Corp overvalued?

According to Wall Street analysts Minnova Corp’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Minnova Corp pay dividends?

Minnova Corp does not currently pay dividends.

What is Minnova Corp’s EPS estimate?

Minnova Corp’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Minnova Corp have?

Minnova Corp has 121,723,790 shares outstanding.

What happened to Minnova Corp’s price movement after its last earnings report?

Minnova Corp reported an EPS of -C$0.01 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -10.87%.

Which hedge fund is a major shareholder of Minnova Corp?

Currently, no hedge funds are holding shares in TSE:MCI

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Minnova Corp

Minnova Corp. acquires, explores for, and develops mineral properties. It holds 100% interests in the PL Gold mine and the Nokomis property located in Manitoba. The company was formerly known as Auriga Gold Corp. and changed its name to Minnova Corp. in June 2014. Minnova Corp. was incorporated in 1994 and is based in Toronto, Canada.