Midnight Sun Mining Corp. (CVE:MMA – Get Free Report) shares traded down 13.1% during mid-day trading on Saturday . The company traded as low as C$1.26 and last traded at C$1.29. 2,474,373 shares were traded during trading, an increase of 703% from the average session volume of 308,332 shares. The stock had previously closed at C$1.49.
Midnight Sun Mining Price Performance
The business’s 50 day moving average price is C$1.01 and its 200-day moving average price is C$0.73. 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 company has a market cap of C$232.77 million, a PE ratio of -43.00 and a beta of 1.49.
Midnight Sun Mining Company Profile
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
- The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
- 3 Defense Stocks Surging as Ukraine Tensions Deepen
- Compound Interest and Why It Matters When Investing
- Starbucks Stock Slumps; This Competitor Shows Strength
- What is the Shanghai Stock Exchange Composite Index?
- The Trade Desk: 2 Signs of a Comeback, 1 Risk Ahead
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.
