Midnight Sun Mining Corp. (CVE:MMA - Get Free Report) shares were up 35.9% during mid-day trading on Friday . The stock traded as high as C$0.53 and last traded at C$0.53. Approximately 1,018,103 shares traded hands during trading, an increase of 449% from the average daily volume of 185,429 shares. The stock had previously closed at C$0.39.
Midnight Sun Mining Stock Performance
The business has a fifty day moving average of C$0.44 and a 200 day moving average of C$0.41. The company has a market cap of C$97.69 million, a P/E ratio of -59.00 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.
Further Reading
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