Minnova (MCI) Price & Analysis

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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$0.04 - C$0.50

Previous CloseN/A

Volume73.00K

Average Volume (3M)307.85K

Market Cap

C$41.04M

Enterprise ValueC$30.08M

Total Cash (Recent Filing)C$2.51M

Total Debt (Recent Filing)C$0.00

Price to Earnings (P/E)―

Beta1.66

Next Earnings

Aug 05, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)-0.02

Shares Outstanding124,348,790

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 Reported DebtModest nominal debt reduces near-term leverage risk and interest burden, giving management more flexibility to fund exploration or capex via equity rather than servicing large borrowings. This materially lowers default risk over the next several months.

Consistent Development-stage Loss ProfileA steady, development-stage loss pattern implies predictable exploration and admin spend. Predictability of costs supports planning, staged financing rounds, and operational discipline, which are durable fundamentals for a pre-revenue mining developer.

Improving Free Cash Flow TrendPositive free cash flow growth (even from a negative base) signals improving operational efficiency or lower discretionary spend. If sustained, this trend lengthens runway, reduces near-term financing pressure and strengthens cash management over the coming months.

Bears Say

No RevenueAbsence of revenue means the company cannot self-fund operations or capex; long-term viability depends on successful exploration outcomes and external financing. This is a fundamental constraint that elevates execution and financing risk over 2–6 months.

Negative Shareholder EquitySustained negative equity reflects accumulated losses and a fragile capital structure. It limits borrowing capacity, weakens creditor confidence, and increases dependency on equity raises, constraining strategic flexibility for the foreseeable term.

Sustained Cash BurnMaterial negative operating and free cash flow indicate ongoing cash consumption and likely reliance on external funding. Persistent burn increases dilution risk and pressures management to secure financing, a core operational vulnerability over the next several months.

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...

1M 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...

3M 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...

3M 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...

4M 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...

5M 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...

6M 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...

7M 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...

7M 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...

7M ago

MCI FAQ

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

Minnova Corp lowest stock price was C$0.04 and its highest was C$0.50 in the past 12 months.

What is Minnova Corp’s market cap?

Minnova Corp’s market cap is C$41.04M.

When is Minnova Corp’s upcoming earnings report date?

Minnova Corp’s upcoming earnings report date is Aug 05, 2026 which is in 139 days.

How were Minnova Corp’s earnings last quarter?

Minnova Corp released its earnings results on Mar 04, 2026. The company reported -C$0.023 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.023.

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 124,348,790 shares outstanding.

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

Minnova Corp reported an EPS of -C$0.023 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -3.261%.

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

Minnova Stock Smart Score

Neutral

Technicals

Fundamentals

Return on Equity

83.72%

Trailing 12-Months

Asset Growth

1098.80%

Trailing 12-Months

Top Smart Score Stocks >

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.