Midnight Sun Mining Corp. (CVE:MMA - Get Free Report) shares rose 22.6% 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 mid-day 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 Trading Up 4.6 %
The firm's 50-day moving average price is C$0.52 and its 200-day moving average price is C$0.45. The company has a market cap of C$112.59 million, a P/E ratio of -68.00 and a beta of 0.93. The company has a quick ratio of 3.91, a current ratio of 38.15 and a debt-to-equity ratio of 1.57.
Midnight Sun Mining Company Profile
(
Get Free Report)
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.
Read More
Before you consider Midnight Sun Mining, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Midnight Sun Mining wasn't on the list.
While Midnight Sun Mining currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
