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Minnova Corp

Company price
0.15 CAD 0.00(0%)
Last update at 2026-11-05T19:38:00Z
VOLUME
31200
Market Cap
33.47M

Momentum Score

…

Minnova Corp., together with its subsidiary, Minnova Renewable Energy, engages in the exploration and development of mineral properties in Canada. It primarily explores for gold. The company holds 100% interests in the PL Gold mine and the Nokomis property located in Manitoba. It also engages in the research and development of biomass gasification technology activities. 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.

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Day Price Range
0.15
Low
0.15
High
52 Week Price Range
0.04
Low
0.50
High

Momentum Score

…
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Public information on Minnova Corp is limited; the company is listed on the TSX Venture Exchange (MCI.V) and appears positioned as a junior mineral exploration firm advancing early-stage properties. Long-term growth may depend on successful exploration results, securing project financing or joint-venture partners and favorable commodity prices, which could support value creation for investors seeking exploration upside.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.15
Dividend Yield
-
Revenue TTM
-0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
-
ROE
-31.61%
Net Debt
0.17M
ROCE
46.97%
Diluted EPS TTM
-0.04

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Income before tax -0.75M -0.37M -1.77M 0.41M -1.17M
Net income -0.75M -0.37M -1.77M 0.40M -1.17M
Selling general administrative 0.38M 0.36M 0.43M 0.32M 0.57M
Gross profit -0.01M -0.01M -0.10M -0.02M -0.02M
Reconciled depreciation 0.01M 0.01M 0.02M 0.02M 0.02M
Ebit - - -1.77M -1.19M 0.14M
Ebitda - - -1.67M -1.12M 0.19M
Depreciation and amortization - - 0.10M 0.07M 0.05M
Operating income -0.75M -0.38M -1.77M -1.14M 0.17M
Other operating expenses - - 1.77M 0.39M 0.62M
Interest expense - - - 0.00M 0.00M
Interest income 0.00M 0.00M 0.00M 0.00M 0.00M
Net interest income 0.00M 0.00M -0.03M 0.00M 0.02M
Income tax expense - - 0.00M -0.74M 0.79M
Total revenue 0.00M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 0.75M 0.38M 1.67M 0.37M 0.60M
Cost of revenue 0.01M 0.01M 0.10M 0.02M 0.02M
Total other income expense net 0.00M 0.00M 0.00M 0.79M -0.55M
Discontinued operations - - - -0.08M -0.03M
Net income from continuing ops -0.75M -0.37M -1.77M 0.41M -1.17M
Net income applicable to common shares - - -1.77M -0.06M -1.17M
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Total assets 0.21M 0.22M 0.38M 21.19M 20.94M
Total liab 5.24M 4.60M 4.43M 3.68M 4.71M
Total stockholder equity -5.03M -4.38M -4.04M 17.51M 16.23M
Other current liab - - - - 0.32M
Common stock - - 25.28M 24.63M 23.90M
Capital stock 25.33M 25.29M 25.28M 24.63M 23.90M
Retained earnings -31.80M -31.14M -31.07M -29.81M -10.14M
Other liab - - 3.54M 2.89M 3.09M
Other assets - - - - 0.07M
Cash 0.00M 0.00M 0.13M 0.14M 0.13M
Total current liabilities 1.81M 1.31M 0.89M 0.79M 1.62M
Net debt 0.17M 0.12M - - -
Short long term debt 0.17M 0.12M 0.09M - -
Other stockholder equity - - 1.74M 2.06M 2.47M
Property plant equipment - - 0.21M 0.22M 20.41M
Total current assets 0.03M 0.03M 0.18M 0.34M 0.45M
Net tangible assets - - -4.04M -3.12M 16.23M
Net receivables 0.03M 0.03M 0.04M 0.05M 0.14M
Accounts payable 1.26M 0.83M 0.52M 0.51M 0.85M
Non currrent assets other - - - - 0.07M
Non current assets total 0.18M 0.19M 0.21M 20.85M 20.49M
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Investments - - -1.05M -0.95M -1.76M
Change to liabilities - - 0.13M 0.06M 0.65M
Total cashflows from investing activities - - - -0.95M -1.76M
Net borrowings 0.05M 0.03M 0.09M 0.09M 0.09M
Total cash from financing activities 0.07M 0.03M 0.73M 0.66M 1.79M
Change to operating activities - - 0.14M 0.11M -0.17M
Net income -0.75M -0.37M -1.77M 0.40M -1.17M
Change in cash 0.00M -0.13M -0.01M 0.01M 0.11M
Begin period cash flow 0.00M 0.13M 0.14M 0.13M 0.02M
End period cash flow 0.00M 0.00M 0.13M 0.14M 0.13M
Total cash from operating activities -0.07M -0.15M -0.74M 0.29M 0.08M
Issuance of capital stock - 0.00M 0.68M 0.71M 1.85M
Depreciation 0.01M 0.01M 0.10M 0.02M 0.02M
Change to inventory - - - -0.09M -0.65M
Change to account receivables - - 0.01M 0.09M -0.03M
Other cashflows from financing activities - - 0.09M -0.04M -0.06M
Change to netincome - - 0.64M -0.92M 0.75M
Capital expenditures 0.00M 0.00M 0.00M 0.95M 1.76M
Change in working capital 0.44M 0.41M 0.28M 0.57M 0.45M
Stock based compensation 0.08M 0.04M 0.08M 0.12M 0.20M
Other non cash items 0.13M 0.13M 0.84M 0.08M -0.21M
Free cash flow -0.07M -0.15M -0.74M 0.29M -1.68M

Peer Comparison*

Sector: Basic Materials Industry: Gold

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
MCI
Minnova Corp
-
-%
0.15 - - 985.65 0.10 1237.35 -3.16
OMG
Omai Gold Mines Corp
0.03
1.78%
1.72 - - - 62.63 - -4.09
ASE
Asante Gold Corporation
-0.01
1.52%
0.65 - 6.57 2.23 269.42 2.23 49.52
THX
Thor Explorations Ltd.
0.05
5.43%
0.97 3.41 2.77 2.87 1.88 1.80 2.44
MKO
Mako Mining Corp
-0.16
1.45%
10.89 18.47 2.34 6.21 4.73 4.31 10.00

Profile*

Minnova Corp

Minnova Corp., together with its subsidiary, Minnova Renewable Energy, engages in the exploration and development of mineral properties in Canada. It primarily explores for gold. The company holds 100% interests in the PL Gold mine and the Nokomis property located in Manitoba. It also engages in the research and development of biomass gasification technology activities. 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.

217 Queen Street West, Toronto, ON, Canada, M5V 0R2

647-985-2785

Name Title Year Born
Mr. Gorden Glenn BScH Chairman, Pres & CEO 1965
Mr. Christopher E.O. Irwin B.A., L.L.B., L.L.M., LL.M., LLB, Q.C. Interim CFO, Corp. Sec. & Director 1974
Mr. Gorden Glenn BScH Chairman, President & CEO 1965
Mr. Christopher E.O. Irwin B.A., L.L.B., L.L.M., Q.C. Interim CFO, Corporate Secretary & Director 1974

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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