Midnight Sun Mining Corp. (CVE:MMA – Get Free Report) was up 31% on Saturday . The company traded as high as C$2.00 and last traded at C$1.90. Approximately 1,229,908 shares changed hands during mid-day trading, an increase of 335% from the average daily volume of 282,781 shares. The stock had previously closed at C$1.45.
Midnight Sun Mining Price Performance
The business has a 50 day moving average price of C$0.91 and a two-hundred day moving average price of C$0.70. The stock has a market cap of C$342.85 million, a PE ratio of -63.33 and a beta of -0.08. The company has a debt-to-equity ratio of 1.69, a quick ratio of 3.91 and a current ratio of 45.60.
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.
Recommended Stories
- Five stocks we like better than Midnight Sun Mining
- How to trade using analyst ratings
- SoundHound Breaks Critical Resistance: How High Can It Get Now?
- How Investors Can Find the Best Cheap Dividend Stocks
- Klarna IPO: BNPL Stock or Something Bigger?
- Bank Stocks – Best Bank Stocks to Invest In
- 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.
