Minnova Corp.

Minnova Corp.

MCI.V
Minnova Corp.CA flagToronto Stock Exchange Ventures
0.21
CAD
- -
- -
20.74MMarket Cap
Minnova Corp.
MCI.V
(Toronto Stock Exchange Ventures)

Recent

price

0.21

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Revenue per Share
-0.44
-0.64
-0.43
-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
Basic EPS, GAAP
-0.34
-0.44
-1.18
-0.42
-0.13
-0.02
-0.03
-0.14
-0.08
-0.01
- -
-0.04
-0.01
-0.01
- -
- -
-0.03
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-1.61
-0.99
-0.88
-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
Book Value per Share
0.21
3.03
2.68
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
Tangible Book Value per Share
- -
2
4
5
8
15
16
24
29
31
32
38
46
58
70
70
89
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
-1
-2
-5
-1
-1
-1
-2
-1
- -
- -
-1
- -
-2
- -
-1
-4
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
-1
-3
-3
-3
-4
-1
-2
-2
-2
-1
- -
-1
-1
-2
1
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
- -
6
11
7
8
8
8
13
14
14
14
-4
-3
-4
-4
-5
-2
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
9.06
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
-9.16
-4.02
-3.52
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

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
15
22

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
- -
- -
- -
- -
- -
Business
Minnova Corp. (TSXV:MCI) engages in the exploration, development, and planned restart of gold mining operations in Canada, primarily focused on its wholly-owned PL Gold Mine and Nokomis property in Manitoba; through its subsidiary Minnova Renewable Energy, the company pursues green hydrogen production initiatives utilizing biomass gasification and renewable energy technologies. The PL Gold Mine features an underground mining permit, a 1,000 tonnes per day processing mill, over 7,000 meters of developed underground ramps to a depth of 135 meters, and a positive feasibility study from 2018 outlining average annual production of 46,493 ounces of gold over a minimum five-year mine life at a US$1,250 per ounce gold price. Minnova Corp., founded in 1994 and headquartered in Toronto, Ontario, operates in the metals and mining sector with reportable segments in mineral exploration and renewable energy, targeting high-grade gold deposits and emerging cleantech markets in Canada. Recent developments include a brokered LIFE private placement announced in November 2025 for gross proceeds of up to C$5 million to fund PL Gold Mine advancement and working capital, an amended and restated LIFE offering document filed on November 19, 2025, a memorandum of understanding with Arctic Gateway Group in February 2024 to explore green hydrogen transport and export, and an MOU with the City of Flin Flon in March 2023 for large-scale green hydrogen production.

Company News

APIChatGPT
  • Minnova Announces Strategic Expansion Initiative to Target 2,000 TPD Mine Production at PL Gold Mine and Option Grant

  • Minnova Engages Amps Powerline Inc. to Oversee PL Gold Mine Grid Power Connection, Distribution and Utilization