Midnight Sun Mining Corp. (CVE:MMA - Get Free Report)'s stock price was up 18.9% during trading on Wednesday . The stock traded as high as C$0.67 and last traded at C$0.63. Approximately 1,350,824 shares changed hands during trading, an increase of 492% from the average daily volume of 228,315 shares. The stock had previously closed at C$0.53.
Midnight Sun Mining Trading Up 22.6 %
The stock's fifty day simple moving average is C$0.52 and its two-hundred day simple moving average is C$0.45. The firm has a market cap of C$107.62 million, a PE ratio of -65.00 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
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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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