Minnova Corp.

Minnova Corp.

AGRDF
Minnova Corp.US flagOther OTC
0.21
USD
- -
- -
21.98MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
-0.9
-0.12
-0.06
-0.04
-0.07
-0.03
-0.01
-0.01
-0.03
- -
-0.03
-0.01
-0.01
-0.04
Free Cash Flow per Basic Share
-0.42
-0.13
-0.02
-0.03
-0.14
-0.08
-0.01
- -
-0.04
-0.01
-0.01
- -
- -
-0.03
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-1.22
-0.91
-0.5
-0.51
0.4
0.37
0.35
0.38
-0.17
-0.11
-0.1
-0.08
-0.09
-0.06
Tangible Book Value per Share
1.33
1.03
0.5
0.47
0.55
0.47
0.46
0.44
-0.1
-0.07
-0.07
-0.06
-0.07
-0.02
Basic Weighted Avg Shares
5
8
15
16
24
29
31
32
38
46
58
70
70
89
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-5
-1
-1
-1
-2
-1
- -
- -
-1
- -
-2
- -
-1
-4
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
-3
-3
-3
-4
-1
-2
-2
-2
-1
- -
-1
-1
-2
1
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
7
8
8
8
13
14
14
14
-4
-3
-4
-4
-5
-2
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
9.06
Return on Common Equity (%)
- -
- -
- -
- -
- -
-9.16
-4.02
-3.52
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Jun'26
Sep'26
Dec'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
70
99
122
Market Capitalization
4
16
23

Working Capital

FRC

in mil. unless spec.
Jun'26
Sep'26
Dec'26
Total Current Assets
- -
- -
3
Cash, Cash Equivalents & STI
- -
- -
3
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
2
1
1
Payables & Accruals
2
1
1
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-1.71%
-19.19%
14.84%
Free Cash Flow
1,309.3%
2,547.78%
-57.27%
Net Income, GAAP
310.37%
619.43%
100.04%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.01
- -
-0.01
- -
-0.01
2025
-0.01
-0.01
- -
- -
-0.01
2026
- -
-0.01
-0.02
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Gorden Glenn BScH
Sector
Basic Materials
Industry
Gold
Address
217 Queen Street West Toronto ON Canada M5V 0R2
IPO Date
Mar 14, 2012
Business
Minnova Corp. is a Canadian technology, energy, and metals company engaged primarily in the exploration and development of mineral properties, with a specific focus on gold mining. Its core products and services include the exploration and development of the PL Gold Mine and the contiguous Nokomis property, both located in Manitoba, Canada, where it holds a 100% interest subject to a 3% net smelter royalty. In addition to mineral exploration, the company operates a renewable energy segment through its subsidiary Minnova Renewable Energy, which focuses on the research and development of biomass gasification technology to produce renewable energy and green hydrogen. Geographic operations are centered in Canada, with ongoing efforts to build a global green energy project pipeline. Founded in 1994 and headquartered in Toronto, Minnova Corp. has a strategic focus on advancing near-term gold production alongside renewable energy innovations. Recent major company changes include the engagement of A&B Global Mining to advance the PL Gold Mine restart plan with an updated mineral resource estimate and feasibility study aimed at achieving 1,000 tonnes per day run-of-mine production from open pits before transitioning to underground mining operations. The company successfully closed a private placement in 2025 raising C$4.82 million to fund development and drilling activities at the PL Gold Mine. It has also announced a restructuring strategy to focus on green hydrogen production with Memorandums of Understanding signed with Arctic Gateway Group and the City of Flin Flon to explore transport, export, and large-scale production of green hydrogen. Minnova Renewable Energy continues to expand its biomass gasification tests and renewable energy projects globally. The company resolved a cessation of trading issue with plans for increased exploration and operational growth at its core mineral and renewable energy assets. Minnova operates through two main business segments: mineral exploration with a concentration on gold properties in Manitoba, and renewable energy focusing on innovative carbon reduction technologies, biomass gasification, and green hydrogen development. It targets mining investors, energy markets, and industrial clients interested in clean energy solutions. The company has evolved from its former trading name Auriga Gold Corp. and increasingly emphasizes integrated energy and mining projects to support sustainable production and environmental goals. Subsidiaries include Minnova Renewable Energy, which leads its cleantech and green hydrogen initiatives. The strategic direction combines mineral asset development with expanding renewable energy technology applications, positioning Minnova as both a gold producer and a cleantech innovator in Canada and beyond.

Company News

APIChatGPT
  • Minnova Announces Results of Annual and Special Meeting of Shareholders

  • Minnova Corp. Announces Closing of Brokered LIFE Offering for Gross Proceeds of C$4.82 Million

  • Minnova Corp. Announces Filing of Amended and Restated LIFE Offering Document

  • Minnova Corp. Announces Brokered LIFE Offering for Gross Proceeds of up to C$5 Million

  • Minnova Corp. PL Gold Mine Re-Start Plan, In-Fill Drill Program Update, and Option Grant

  • Minnova Corp. Engages A&B Global Mining to Advance PL Gold Mine Restart with Updated Feasibility Study and Project Execution Support

  • Minnova Provides Corporate Update

  • Minnova Announces Closing of Private Placement

  • Minnova Announces Completion of Debt Settlement

  • Minnova Provides Update on Private Placement

  • Minnova Announces Closing of First Tranche of Private Placement

  • Minnova Provides Update on Private Placement

  • Minnova Announces Private Placement of Units

  • Minnova Corp. Announces PL Gold Mine Restart Plans for 2025 and Updated Feasibility Study in 2026

  • Minnova Provides Corporate Update

  • Minnova Provides Update on Proposed Debt Settlement

  • Minnova Provides Corporate Update

  • Minnova Announces Loans

  • Minnova Corporate Update on PL Gold Mine Restart Project and Year End Audit

  • Minnova Corp. Announces Late Filing of Financial Statements