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Midnight Sun Mining (CVE:MMA) Trading Up 10.4% - What's Next?

Midnight Sun Mining logo with Basic Materials background

Midnight Sun Mining Corp. (CVE:MMA - Get Free Report) traded up 10.4% on Tuesday . The company traded as high as C$0.77 and last traded at C$0.74. 187,924 shares changed hands during mid-day trading, a decline of 34% from the average session volume of 286,673 shares. The stock had previously closed at C$0.67.

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 stock has a market cap of C$137.42 million, a PE ratio of -83.00 and a beta of 0.93. The company has a current ratio of 38.15, a quick ratio of 3.91 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.

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