Midnight Sun Mining Corp. (CVE:MMA - Get Free Report) hit a new 52-week high on Wednesday . The company traded as high as C$0.80 and last traded at C$0.77, with a volume of 285854 shares trading hands. The stock had previously closed at C$0.73.
Midnight Sun Mining Price Performance
The company has a fifty day moving average of C$0.56 and a 200-day moving average of C$0.46. The company has a current ratio of 38.15, a quick ratio of 3.91 and a debt-to-equity ratio of 1.57. The stock has a market cap of C$137.42 million, a PE ratio of -83.00 and a beta of 0.93.
About Midnight Sun Mining
(
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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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