Minnova Corp Stock Analysis

MCI Stock  CAD 0.05  0.00  0.00%   
Minnova Corp is overvalued with Real Value of 0.042 and Hype Value of 0.05. The main objective of Minnova Corp stock analysis is to determine its intrinsic value, which is an estimate of what Minnova Corp is worth, separate from its market price. There are two main types of Minnova Corp's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Minnova Corp's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Minnova Corp's stock to identify patterns and trends that may indicate its future price movements.
The Minnova Corp stock is traded in Canada on TSX Venture Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Minnova Corp is usually not traded on Canada Day, Civic Holiday, Labour Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Minnova Stock trading window is adjusted to America/Toronto timezone.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Minnova Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Minnova Stock Analysis Notes

The company has price-to-book ratio of 0.1. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Minnova Corp recorded a loss per share of 0.01. The entity had not issued any dividends in recent years. The firm had 1:10 split on the 15th of January 2014. 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. To find out more about Minnova Corp contact Gorden Glenn at 647-985-2785 or learn more at https://minnovacorp.ca.

Minnova Corp Investment Alerts

Minnova Corp generated a negative expected return over the last 90 days
Minnova Corp has some characteristics of a very speculative penny stock
Minnova Corp has high likelihood to experience some financial distress in the next 2 years
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.
Net Loss for the year was (374.98 K) with profit before overhead, payroll, taxes, and interest of 0.
Minnova Corp has accumulated about 16.75 K in cash with (154.05 K) of positive cash flow from operations.

Minnova Market Capitalization

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 Profitablity

Minnova Corp's profitability indicators refer to fundamental financial ratios that showcase Minnova Corp's ability to generate income relative to its revenue or operating costs. If, let's say, Minnova Corp is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Minnova Corp's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Minnova Corp's profitability requires more research than a typical breakdown of Minnova Corp's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for Next Year
Return On Tangible Assets(1.69)(1.60)
Return On Capital Employed 0.56  0.59 
Return On Assets(1.69)(1.60)
Return On Equity 0.09  0.09 

Management Efficiency

Minnova Corp has return on total asset (ROA) of (1.623) % which means that it has lost $1.623 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.3161) %, meaning that it generated substantial loss on money invested by shareholders. Minnova Corp's management efficiency ratios could be used to measure how well Minnova Corp manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Minnova Corp's Return On Capital Employed is fairly stable compared to the past year. Return On Equity is likely to climb to 0.09 in 2024, despite the fact that Return On Tangible Assets are likely to grow to (1.60). Debt To Assets is likely to climb to 0.55 in 2024, whereas Total Assets are likely to drop slightly above 211 K in 2024.
Last ReportedProjected for Next Year
Book Value Per Share(0.06)(0.06)
Tangible Book Value Per Share(0.06)(0.06)
Enterprise Value Over EBITDA(10.72)(11.26)
Price Book Value Ratio(0.56)(0.59)
Enterprise Value Multiple(10.72)(11.26)
Price Fair Value(0.56)(0.59)
Enterprise Value2.3 M4.6 M
Leadership effectiveness at Minnova Corp is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Beta
1.072
Return On Assets
(1.62)
Return On Equity
(0.32)

Technical Drivers

In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Minnova Corp, as well as the relationship between them.

Minnova Corp Price Movement Analysis

java.lang.NullPointerException: Cannot invoke "java.lang.Number.intValue()" because the return value of "sun.invoke.util.ValueConversions.primitiveConversion(sun.invoke.util.Wrapper, Object, boolean)" is null. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Minnova Corp middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Minnova Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Minnova Corp Outstanding Bonds

Minnova Corp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Minnova Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Minnova bonds can be classified according to their maturity, which is the date when Minnova Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

About Minnova Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Minnova Corp prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Minnova shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Minnova Corp. By using and applying Minnova Stock analysis, traders can create a robust methodology for identifying Minnova entry and exit points for their positions.
Last ReportedProjected for Next Year

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Minnova Corp to your portfolios without increasing risk or reducing expected return.

Did you try this?

Run Portfolio Rebalancing Now

   

Portfolio Rebalancing

Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
All  Next Launch Module

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.