Midnight Sun Mining Corp. (CVE:MMA - Get Free Report)'s share price was up 6.4% during trading on Friday . The company traded as high as C$0.42 and last traded at C$0.42. Approximately 614,075 shares changed hands during mid-day trading, an increase of 235% from the average daily volume of 183,116 shares. The stock had previously closed at C$0.39.
Midnight Sun Mining Trading Up 51.3 %
The firm has a market capitalization of C$97.69 million, a price-to-earnings ratio of -59.00 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 company has a 50 day moving average price of C$0.44 and a two-hundred day moving average price of C$0.41.
Midnight Sun Mining Company Profile
(
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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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