Midnight Sun Mining Corp. (CVE:MMA – Get Free Report)’s stock price was up 22.6% during trading on Thursday . The stock traded as high as C$0.67 and last traded at C$0.65. Approximately 1,499,264 shares traded hands during trading, an increase of 524% from the average daily volume of 240,287 shares. The stock had previously closed at C$0.53.
Midnight Sun Mining Stock Performance
The company has a market capitalization of C$112.59 million, a PE ratio of -68.00 and a beta of 0.93. The company has a debt-to-equity ratio of 1.57, a quick ratio of 3.91 and a current ratio of 38.15. The business has a fifty day moving average price of C$0.53 and a 200 day moving average price of C$0.46.
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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