Midnight Sun Mining Corp. (CVE:MMA – Get Free Report)’s share price was up 31% during mid-day trading on Saturday . The company traded as high as C$2.00 and last traded at C$1.90. Approximately 1,229,908 shares traded hands during 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 Trading Up 31.0%
The company has a debt-to-equity ratio of 1.69, a quick ratio of 3.91 and a current ratio of 45.60. The company has a market capitalization of C$342.85 million, a price-to-earnings ratio of -63.33 and a beta of -0.08. The business’s 50-day simple moving average is C$0.91 and its 200-day simple moving average is C$0.70.
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.
Further Reading
- Five stocks we like better than Midnight Sun Mining
- Investing in Construction Stocks
- SoundHound Breaks Critical Resistance: How High Can It Get Now?
- How to Buy Gold Stock and Invest in Gold
- Klarna IPO: BNPL Stock or Something Bigger?
- What is Insider Trading? What You Can Learn from Insider Trading
- 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.
