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Minnova (MCI) Price & Analysis

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$0.05 - C$0.50

Previous CloseN/A

Volume73.00K

Average Volume (3M)307.85K

Market Cap

C$24.29M

Enterprise ValueC$20.21M

Total Cash (Recent Filing)C$2.51M

Total Debt (Recent Filing)C$0.00

Price to Earnings (P/E)―

Beta1.96

Next Earnings

Aug 05, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)-0.04

Shares Outstanding124,548,800

10 Day Avg. Volume394,035

30 Day Avg. Volume307,850

Financial Highlights & Ratios

PEG Ratio-0.05

Price to Book (P/B)-0.70

Price to Sales (P/S)0.00

P/FCF Ratio-53.37

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 DebtModest reported debt reduces near-term leverage risk and interest obligations, giving management more flexibility to fund exploration from equity or small financings. This lowers immediate solvency pressure and preserves operational optionality while the company pursues development milestones.

Improving FCF TrendA positive trend in free cash flow growth (even from a negative base) suggests spending efficiency or tighter cash management. If sustained, this reduces the pace of cash burn, lengthens the runway between financings, and supports more predictable capital allocation through the exploration cycle.

Consistent Development-Stage ProfileClear alignment with a development-stage exploration profile implies the company operates to milestone-driven metrics rather than volatile operating revenue. That focus can produce predictable capital needs and measurable technical progress, aiding long-term project evaluation and investor monitoring.

Bears Say

No RevenueAbsence of operating revenue leaves the company reliant on external capital to fund operations, preventing self-sustaining cash generation. Over a multi-month horizon this undermines margin development and makes progress and valuation dependent on exploration outcomes and financing availability.

Material Cash BurnSustained negative operating and free cash flow indicates the company is consuming capital materially each period. This persistent burn increases likelihood of dilutive financings, constrains funding for exploration or development work, and elevates execution risk absent new capital.

Negative Shareholder EquityAccumulated negative equity signals prolonged losses and a fragile capital structure, limiting borrowing capacity and financial flexibility. Over the medium term this raises creditor and investor concern, making access to non-dilutive funding harder and increasing dependence on new equity issuance.

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...

5M 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...

6M 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...

6M 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...

7M 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...

8M 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...

8M 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...

10M 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...

10M 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...

10M 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...

11M 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$24.29M.

When is Minnova Corp’s upcoming earnings report date?

Minnova Corp’s upcoming earnings report date is Aug 05, 2026 which is in 34 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 124,548,800 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

Company Description

Minnova Corp

Minnova Corp. is an enterprise focused on the acquisition, exploration, and development of mineral assets. The company's portfolio notably includes full ownership of both the PL Gold mine and the Nokomis property, which are located in Manitoba. Established in 1994, this Toronto, Canada-based entity was formerly named Auriga Gold Corp. before officially changing to Minnova Corp. in June 2014.