Midnight Sun Mining Corp. (CVE:MMA – Get Free Report)’s stock price shot up 1.7% on Tuesday . The company traded as high as C$0.62 and last traded at C$0.61. 72,153 shares were traded during trading, a decline of 77% from the average session volume of 310,194 shares. The stock had previously closed at C$0.60.
Midnight Sun Mining Trading Up 1.7 %
The firm’s fifty day simple moving average is C$0.67 and its 200-day simple moving average is C$0.50. 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 stock has a market cap of C$106.30 million, a P/E ratio of -41.53 and a beta of 0.93.
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.
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