Midnight Sun Mining Corp. (CVE:MMA - Get Free Report) rose 1.2% during mid-day trading on Tuesday . The stock traded as high as C$0.42 and last traded at C$0.42. Approximately 197,820 shares changed hands during trading, an increase of 8% from the average daily volume of 183,117 shares. The stock had previously closed at C$0.42.
Midnight Sun Mining Stock Performance
The company has a debt-to-equity ratio of 1.57, a current ratio of 38.15 and a quick ratio of 3.91. The stock's 50-day moving average is C$0.43 and its 200 day moving average is C$0.41. The stock has a market cap of C$62.92 million, a price-to-earnings ratio of -38.00 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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