Midnight Sun Mining Corp. (CVE:MMA – Get Free Report) shot up 31% on Saturday . The company traded as high as C$2.00 and last traded at C$1.90. 1,229,908 shares were traded during trading, an increase of 335% from the average session volume of 282,781 shares. The stock had previously closed at C$1.45.
Midnight Sun Mining Trading Up 31.0%
The business’s 50 day moving average is C$0.91 and its two-hundred day moving average is C$0.70. The company has a quick ratio of 3.91, a current ratio of 45.60 and a debt-to-equity ratio of 1.69. The firm has a market capitalization of C$342.85 million, a P/E ratio of -63.33 and a beta of -0.08.
About Midnight Sun Mining
Midnight Sun Mining Corp. engages in the acquisition and exploration of mineral properties in Africa. The company primarily explores for copper, cobalt, nickel, and gold deposits. It owns a 60% interest in the Solwezi licenses located in Zambia. The company was formerly known as Midnight Sun Capital Corporation and changed its name to Midnight Sun Mining Corp.
See Also
- Five stocks we like better than Midnight Sun Mining
- Using the MarketBeat Stock Split Calculator
- SoundHound Breaks Critical Resistance: How High Can It Get Now?
- Are Penny Stocks a Good Fit for Your Portfolio?
- Klarna IPO: BNPL Stock or Something Bigger?
- 5 discounted opportunities for dividend growth investors
- Why Teradyne Is a Core Play in the AI Hardware Boom
Receive News & Ratings for Midnight Sun Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Midnight Sun Mining and related companies with MarketBeat.com's FREE daily email newsletter.
